The Impact of Small Regional Economic Development Commissions: Is There Any Bang After Just a Few Bucks?

2020 ◽  
pp. 089124242097247
Author(s):  
Tyler Morin ◽  
Mark Partridge
Keyword(s):  
Economic Development ◽  
Regional Economic Development ◽  
Development Aid ◽  
Mississippi Valley ◽  
Development Programs ◽  
Regional Economic ◽  
Lower Mississippi Valley ◽  
Using Data ◽  
Intent To Treat ◽  
The Impact

Despite substantial funding going to regional economic development programs, little is known about the benefits of some of the smaller, place-based programs. The authors extend the literature on regional commissions by analyzing the economic gains to the Delta Regional Authority (DRA). The DRA was founded in 2000 to provide enhanced development aid to 252 lower Mississippi Valley counties. Using data from 1997 to 2016, the authors assess the DRA’s impact on employment, income, migration, and poverty. One-to-one propensity score matching is used to generate counterfactual counties. Because of the endogenous nature of the treatment, the authors instrument for counties being included in the DRA using a dummy for whether the county is within the lower Mississippi watershed. The ensuing results reflect an estimation of the intent-to-treat benefits of the DRA. The authors find that the DRA is associated with income gains and decreases in unemployment; however, it has no impact on poverty or migration.

Should Attitudinal Views toward Innovation Development Play a Role in Policy in Peripheral EU Regions?: New Evidence from Vouchers Program in Northern Ireland

2018 ◽  
Vol 6 (2) ◽  
pp. 121-137
Author(s):  
Sean M. McDonald ◽  
Remi C. Claire ◽  
Alastair H. McPherson
Keyword(s):  
Economic Development ◽  
Northern Ireland ◽  
Policy Design ◽  
Regional Economic Development ◽  
Innovation Development ◽  
Regional Economic ◽  
Eu Regions ◽  
Future Policy ◽  
The Impact ◽  
New Evidence

The impact and effectiveness of policies to support collaboration for Research & Development (R&D) and Innovation is critical to determining the success of regional economic development. (O’Kane, 2008) The purpose of this paper is to evaluate the level of success of the Innovation Vouchers Program operated by Invest Northern Ireland (Invest NI) from 2009 to 2013 and address if attitudinal views towards innovation development should play in a role in future policy design in peripheral EU regions. 

scholarly journals The Impact of Economic Specialization on Regional Economic Development in the European Union: Insights for Formation of Smart Specialization Strategy

Economies ◽  
2021 ◽  
Vol 9 (2) ◽  
pp. 76
Author(s):  
Giedrė Dzemydaitė
Keyword(s):  
Economic Development ◽  
Development Strategy ◽  
Regional Economic Development ◽  
The European Union ◽  
Location Quotient ◽  
Regional Economic ◽  
Clear Cut ◽  
Smart Specialization ◽  
Economic Specialization ◽  
The Impact

The smart specialization concept was implemented in the EU in 2014, stating that regions have to specify specialization areas for development of innovations. Economic specialization reveals a comparative advantage in that field. However, there are different arguments linking specialization to economic development. This study analyzes these arguments and aims to investigate the impact of economic specialization on regional economic development and to give insights into identifying prospective areas in regional economies. A panel fixed effect estimation of industry-level regional data suggests that economic specialization in broader regional employment, called relative specialization, is ambiguously associated with economic development. Our findings suggest that neither economic specialization nor economic diversity are a clear-cut solution for ensuring economic growth. Economic structure in EU regions differs, and there is no one answer for which approach is better for economic development. Specialization measures, particularly the location quotient, cannot fully capture the dynamics in the industry structure that could be essential for formation of regional development strategy.

The Production of Cereals in Greece

2017 ◽  
pp. 380-390
Author(s):  
Stilianos Alexiadis ◽  
Stilianos Kokkidis ◽  
Maria Markou
Keyword(s):  
Economic Development ◽  
Agricultural Production ◽  
Important Implication ◽  
Agricultural Sector ◽  
Regional Economic Development ◽  
Growth Characteristics ◽  
Important Conclusion ◽  
Regional Economic ◽  
Using Data ◽  
Of Greece

Although there have been numerous studies examining the process of regional economic development using the Shift-Share analysis, the agricultural sector has received far less attention. One important implication of this methodology is the possibility to detect groups of regions with certain growth characteristics. This paper contributes to the literature by applying the technique of Shift-Share over the period 2000-2015 using data for the production of cereals across the 13 regions of Greece. One important conclusion to emerge is that, in the case of Greek regions, applying the taxonomic procedure of Shift-Share analysis, it is possible to identify the necessary policies for the improvement of agricultural production in each region.

Regional Economic Development in The Context of the COVID-19 Pandemic and the Economic Crisis

2021 ◽  
pp. 99-107
Author(s):  
Olha A. Lukash ◽  
Yuriy M. Derev`yanko ◽  
Dmytro V. Kozlov ◽  
Anna I. Mukorez
Keyword(s):  
Economic Development ◽  
Economic Crisis ◽  
Open Data ◽  
Regional Economic Development ◽  
Business Environment ◽  
The State ◽  
Retail Trade ◽  
Regional Economic ◽  
Current Economic Crisis ◽  
The Impact

It is important to analyze the manifestations of the crisis at the regional level, which allows both regional (local) and national authorities to develop effective support tools. From this point of view, it is important to clearly understand which aspects of economic development the crisis has a key impact on, and whether such impact is uniform across different sectors and areas of economic development. Much attention is paid to the problem of assessing the state of the business environment. However, the main disadvantage of most of them is that they are sometimes difficult to conduct in terms of operational analysis and availability of open data. The object of research is the processes of studying the state of the region's economy. The subject of the research is the impact of the COVID-19 pandemic and the current economic crisis on the region's economies. In the process of scientific research, we solved such tasks: identification of key problematic factors in relation to regional economic development, including caused by pandemic and lockdown; reliable, freely available and up-to-date sources of statistical information on regional economic development are identified; a comprehensive method of generalizing the impact of the COVID-19 pandemic and the economic crisis on regional economic development. We proposed to analyze the impact of the COVID-19 pandemic and the current economic crisis on the economic development of the regions of Ukraine on the example of Sumy region. The analysis is based on open data from static authorities, which periodically publish monthly and quarterly information. The study confirmed the serious negative impact of lockdown and pandemic on the economic development of the region in a number of key indicators: the index of industrial production, the volume of industrial products sold, freight turnover and passenger turnover. At the same time, we observe a generally neutral impact of the crisis on such regional indicators of economic development as the volume of commodity export and import transactions and the stability of retail trade.

US Economic Development Policies: Current Trends and Reasons of Variations on the State Level

2010 ◽  
pp. 133-143
Author(s):  
A. Tsvetkova
Keyword(s):  
Economic Development ◽  
Regional Economic Development ◽  
State Level ◽  
The State ◽  
Development Programs ◽  
Regional Economic ◽  
Current Trends ◽  
Development Policies ◽  
The Us ◽  
Entrepreneurial Strategies

The article looks into the dynamics of the US regional economic development policies in the last decades and tracks the transition from so-called "locational" to "entrepreneurial" strategies. It also documents existing variations in state economic development programs and explains the differences in approaches and current tendencies from both theoretical and practical standpoints.

The correlations of transportation with regional economy and demographic space1

2021 ◽  
pp. 1-11
Author(s):  
Xiaoping Wu ◽  
Peng Wu ◽  
Zihan Guo
Keyword(s):  
Economic Development ◽  
Population Distribution ◽  
Comprehensive Evaluation ◽  
Evaluation Model ◽  
Transportation Network ◽  
Regional Economic Development ◽  
Analysis Method ◽  
Regional Economic ◽  
Countermeasures And Suggestions ◽  
The Impact

Based on the precise logical analysis method, the paper constructs a comprehensive evaluation model of transportation superiority in terms of transportation network density, the influence of transportation arteries, and regional location-specific advantages, then select Southwest China as a case to evaluate the transportation superiority and analyze the correlations of transportation with regional economic development and population distribution. The results show that there is a positive correlation between regional transportation superiority and regional population density as well as GDP per capita in the spatial distribution. Finally, by using the fuzzy logic analysis method, we propose countermeasures and suggestions for the impact of transportation integration on regional economic development and population distribution.

scholarly journals The Impact of Industrialization on The Regional Economic Development and Community Welfare

2017 ◽  
Vol 6 (2) ◽  
pp. 231-246
Author(s):  
Sutikno Sutikno ◽  
Muhammad Sri Wahyudi Suliswanto
Keyword(s):  
Economic Growth ◽  
Monte Carlo Simulation ◽  
Economic Development ◽  
Regression Analysis ◽  
Regional Economic Development ◽  
Research Setting ◽  
Regional Economic ◽  
Confirmatory Factor ◽  
Simulation Results ◽  
The Impact

This study was aimed to determine the impact of industrialization on the regional economic development. Gresik regency was chosen as the research setting for it is one of largest industrial areas in East Java. The analysis instruments used were: First, the regression analysis, to determine the impact of industrialization on economic growth, unemployment, and poverty. Second, Confirmatory Factor Analysis (CFA), it was used to investigate the impact of industrialization on the community welfare. Third, Monte Carlo simulation that used to formulate a recommendation. The result showed that the industrialization in Gresik still has not been able to give extensive significant impact for the community in Gresik regency and its existence can only be enjoyed by nearby residents. Based on the simulation results, showed that the strong commitment between Gresik local government and the industry in order to address the problem of unemployment is very necessary due to its’ greatest impact.DOI: 10.15408/sjie.v6i2.5334

Sign in / Sign up

Export Citation Format

Share Document