Understanding dynamics of local and regional economic. An approach for economies large and smaller susan g. The value of the regional approach in economic analysis walter isard. Regional economic analysis process the regional economic analysis process reap combines an analysis of demographic, job, business and industry data for a self selected region. It may be argued that factors affecting construction, whether for. Regional economic development planners should be educated to design and execute. Regional economic development is the application of economic processes and resources available to a region that result in the sustainable development of, and desired economic outcomes for a region and that meet the values and expectations of business, of residents and of visitors p.
Executive summary this policy brief is intended to inform and guide leaders of midmichigans regional economic development red team on the future of regional economic development and alternative regional. It provides a comprehensive look at the art of regional and local economic planning. This new edition updates and expands the authors classic work, which provides a comprehensive, practitioneroriented approach to the state of the art of regional and local economic planning. Praeger special studies in international economics and development avrom bendavid on. For this reason, economic development policies have been a primary focus of policy makers, city administrators, economic development practitioners, and scholars of local. Regional economic analysis process a guide for host. Economic intelligence in different situations and regions in europe. This pdf is a selection from an outofprint volume from the national. Have a clear understanding of the regional and local economic.
Contents list of figures xii list of tables xiv introduction xvii part i urban and regional economic models and methods 1 industrial location. Hoover, edgar malone giarratani, frank an introduction to. An introduction to common descriptive methods revised edition. The session will offer practical tips for experienced analysts on techniques to document the characteristics of a regions labor shed and economic base. Economic and social development, as a public sector term, is the process by which the economic wellbeing and quality of life of a nation, region or local community. A quick reference guide to economic developments in selected states. The reason for this was to bring forward to 2006 the ori nal thesis of the book about the need for regions to be prepared to. Hoover, edgar malone giarratani, frank an introduction. History, theory and law michael elliott, school of city and regional planning, georgia tech february 7, 2014 1.
Read our economic analysis of several regions in the u. The session will also explore techniques for communicating the results of regional workforce and economic analysis effectively to policy leaders and practitioners. This is an update and expansion of this classic work. Changing approaches to regional economic development. To meet these challenges, coordination arrangements between national, regional and local governments, as well as across jurisdictions, are needed, along with subnational capacity building. Substantial editing occurred and new material has been included in the introductory chapter and in chap.
Regional and local economic analysis for practitioners, 4th ed. This release provides data on gross disposable household income gdhi for each local enterprise partnership lep. How to combine both these pieces of knowledge would determine further. Andy pike is professor of local and regional development in the centre for urban and. Regional and sectoral expertise from a single source ulrike gantzersommer 11 1. The final, definitive version of this document can be found online ateconomic. Pnreap is a notforprofit 501c3 corporation organized explicitly to foster and further sound regional economic research, analysis, education, outreach and decisionmaking.
As you use, change and adapt the documents in this training series, we request due. Healthcare practitioners and technical occupations. Regional economic analysis office for national statistics. Bank practice is guided by the guidelines for the economic analysis of projects 1997. Regional economic analysis profile southern economic submarket orange county april 2015 the edd is an equal opportunity employerprogram. Regional economic development analysis and planning. An introduction to regional economics 1984 an introduction to regional economics. Understanding your regional economy the economic base. Alleviating poverty through local economic development. Pdf this paper addresses the theorypolicy interface of local economic development. Requests for services, aids, andor alternate formats need to be made by calling 916 2622162 voice. Understanding dynamics of local and regional economic development in emerging economies. In particular, the guide focuses on foreign direct investment fdi and. We would like to show you a description here but the site wont allow us.
Case studies of regional economic development approaches. Regional economic analysis articles cover themes related to regional and subregional economic performance. This information, along with supporting workshops, will help communities identify economic development priorities and create an economic action plan. The economic analysis of projects attempts to determine whether a particular project provides an acceptable level of economic benefits relative to economic costs. State and local policymakers are shifting their focus to entrepreneurs, innovation. We use a variety of proprietary models to assist you with these tasks, including a regional development and financial planning model, regional inputoutput analysis, and benefitcost analysis. With a useful set of 17 clusters, this tool helps the practitioner see. Local economic development led resources for practitioners introduction to led 1. There is growing recognition among policy makers and practitioners that innovation is what drives value creation, competitive advantage, and ultimately job creation in the modern global economy.
The value of the regional approach in economic analysis. This is the fourth edition of avrom bendavidvals classic book that has become a standard for practitioners and students of public administration, urban and regional planning, and regional. Relationship between history and theory in planning aicp exam prep history, theory and law. The center interviewed 50 workforce policy makers and practitioners across. For the full economic net benefits to occur, financial sustainability must also be assured. The reap websites have been developed, operated, and are maintained by the pacific northwest regional economic analysis project pnreap located in the state of washington.
Combining assets with our conventional picture of a local economy offers us a new dimension of activity that can be. Combine industry and occupation cluster data to gain new insights into the. Be conversant with the main theories relevant to regional and local economic analysis. Identifying steps to reduce local disparities regional economic studies institute economic outlook forum. It discusses planning analysis methods that cover aggregate regional analysis, intraregional analysis, and project identification and evaluation, as. Regional economic development in midmichigans tricounty. Regional and local economic analysis for practitioners book. Understand the concept and application of tools such as, economic models and multipliers for assessing regional and local economic performance. Events council for community and economic research.
Local economic development policies constitute the primary activities that local governments can undertake to enhance economic growth in the community peterson 1981. Regional economic analysis process the regional economic analysis process reap combines an analysis of demographic, labour, business and industry data for a region. This led primer was written by the local economic development team. The government launched a reform to merge local governments. This innovation index represents a breakthrough in. Regional innovation monitor plus 20152016 activities, this second thematic paper will provide more qualitative assessment of the selected regional initiatives and actions implemented at the regional level in the main areas related to advanced manufacturing, each with a clearly defined thematic focus. Alleviating poverty through local economic development lessons from nusa tenggara i foreword to stimulate an increase in peoples incomes, synergy between government and the private sector is essential, so that implementation of programmes matches local characteristics, conditions and potentials and responds to local problems. Modern urban and regional economics second edition philip mccann oxford university press. Led quick reference guide from the world bank is an easy to read 16 page concise introduction for those new to the concept and implementation of led.
Until now, economic development practitioners had no practical way to measure the innovation capacity of their local or regional economy. Regional and local economic analysis for practitioners. The purpose of strategies for globally competitive cities is to provide local elected officials, practitioners and regional stakeholders with resources, practical strategies and promising practices. First, the book provides the reader with an overview of key theoretical and conceptual contexts within which the economic development process takes place.
Regional economic development in midmichigans tricounty region by lenise lyons, bogdana neamtu, and scott rodriguez i. Regional and local economic analysis for practitioners by. We would be pleased to identify new courses of action and opportunities for optimization to help you increase your regions economic capacity. Evidencebased economic development policy mit press journals. In this revised and updated edition, the author surveys recent developments in the field of regional analysis. History and theories of planning why do we do what we do. Understanding your regional economy the economic base theory. Pdf unpacking the theorypolicy interface of local economic.
This is a relatively simple and easy to read introduction of major regional and local economic development theories, their theoretical evolution and other relevant topics such as governance, institutions and local leadership within the globalization context. In the united states, a renewed focus on the powers of local. Originally transmitted by practitioners via apprenticeships. Regional economic analysis vancouver island and centralsunshine coasts. Lmid economic markets and submarkets for regional economic analysis profiles the lmid created the framework for lmid economic markets and submarkets based on countytocounty commute pattern analysis, industry sector analysis, and localized input from the. Promoting local economic development through strategic. Strategic planning for local economic development policy. The book is about the analysis of regional economic performance and change, and how analysis integrates with strategies for local and regional economic development policy and planning. Auxiliary aids and services are available upon request to individuals with disabilities. The regional and local economic development in macedonia red programme has supported the macedonian government in creating the conditions and goals for balanced regional development by adopting new national laws and strategies. Economic development is a term that practitioners, economists, politicians, and.
1101 512 44 912 67 1402 1474 735 684 767 1494 749 834 240 1334 1433 426 1048 721 1473 720 921 1208 1013 384 304 289 1174 776 279 1182 727