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We address a practical problem often faced by economic development organizations using data from the Greater Pittsburgh area. Local economic development organizations are often tasked with promoting the health and vitality of the regional economy. However, the unique composition of each...
Persistent link: https://www.econbiz.de/10012914747
Over the past three decades the field of regional computable general equilibrium (CGE) modeling has flourished, growing from a handful of top-down, single-region and low-dimensioned multiregional models, to a mature field, in which output of large-scale general-purpose multiregional CGE models...
Persistent link: https://www.econbiz.de/10014025284
This conceptual paper analyses the concept of development that is a process of progressive growth that generates a transition from simple to complex system. In economics, development is a multidimensional process that generates changes in economic, political, social and institutional structures...
Persistent link: https://www.econbiz.de/10012894916
Spatial and transport planners, authorities, real estate developers, investors, re-locating residents and businesses have different questions related to space and transport. These questions may concern specific land parcels, or cover a much larger area such as a city, a region, or even a whole...
Persistent link: https://www.econbiz.de/10011490599
Regional economic development is driven by the accumulation of production factors. More traditional factors like labour and physical capital are accumulated under the law of diminishing returns. This, in turn, allows less developed regions to better perform. Recent branches of theoretical and...
Persistent link: https://www.econbiz.de/10011516485
Regional disparities in the development of regions of a country may slow the growth of the entire national economy. Determination of such disparities is required for the creation of proper economic policies, needed to take actions against factors hindering economic growth. Hidden economy is, on...
Persistent link: https://www.econbiz.de/10011780675
This paper examines how changes to the municipal mergers affect municipal budget taxes. The main purpose of merging municipalities is to build more efficient and effective local governments with greater financial capacities by improving effectiveness of municipalities. The structure and...
Persistent link: https://www.econbiz.de/10014078065
We study decision-making by a regional authority (RA) that uses enterprise zones to attractmembers of the creative class---referred to as entrepreneurs---to its region. The enterprise zonesprovide a local public good (LPG) 𝐿 to entrepreneurs who become members. First, we computethe utility...
Persistent link: https://www.econbiz.de/10013241842
In this paper, we introduce a distinction between interregional and intraregional transportation costs, in a footloose capital model. This allows assessing more precisely the effects of different types of transport policies, on the spatial distribution of activities. From a normative point of...
Persistent link: https://www.econbiz.de/10013123680
Applied econometrics has recently emphasized the identification of causal parameters for policy analysis. This revolution has yet to fully propagate to the field of regional science. We examine the scope for application of the matching approach – part of the modern applied econometrics toolkit...
Persistent link: https://www.econbiz.de/10013099521