This article examines the economic effect of the Los Angeles Revitalization Zone (LARZ) on private sector investments. The LARZ program was established after the 1992 Los Angeles riots and designed to rebuild the neighborhoods most affected by them. Unlike most place-based programs, the LARZ...

The authors highlight three sources of endogeneity bias that typically haunt analyses of local government policies, and offer an empirical methodology for estimating program impacts given such concerns. They investigate Florida’s experience with implementing two common targeted economic...

Numerous amateur sporting events have grown significantly in stature and interest in the past several years. Moreover, these events have realized significant economic benefits for their respective communities. In an attempt to identify the key determinants of economic impact, this article offers...

U.S. Bureau of Economic Analysis data show that the nation’s rate of yearly output growth between 1995 and 1999 was more than 50% higher than for the period 1987 to 1994. Using state-level data, this study examines foreign capital’s contribution to this upturn in growth. Pooling...

The methodology developed by Hill and Brennan (2000) to analyze economic drivers in the Cleveland-Akron metropolitan area offers a powerful tool to researchers who seek to develop an objective, data-driven assessment of one or more regions. This article presents results of a replication of the...

The neglected advantages of “new markets†in marginalized rural and inner-city areas have been touted in the policy arena since the early 1990s. Althoughmuch of the motivation has been based on equity, there are potentially strong efficiency arguments for such renewed attention. This...

To analyze the politics of economic development decision making through focusing on participants and their interests, this article details a model of stakeholder analysis developed within organization studies by Mitchell, Agle, and Wood for use among policy makers and researchers. Demonstrating...

Metropolitan College was created to induce United Parcel Service (UPS) not to close its hub operation in Louisville, Kentucky. Participants in the program work the third shift at UPS and attend one of three local colleges tuition-free. Stakeholders agree that Metropolitan College has...

This article provides a multidimensional approach to evaluating the Manufacturing Extension Partnership (MEP) program as administered in the Chicago metropolitan area. The MEP concept is based on the provision of technology-related services to address many of the manufacturing...

This study examines the role that land contamination plays in hindering central city redevelopment. The author tracked all sales and selling prices and the presence of contamination in one industrial area of about 5,580 acres in southwest Baltimore. The results indicate that after the mid-1990s,...