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What Works Best?: Values and the Evaluation of Local Economic Development Policy

Author

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  • Laura A. Reese

    (Wayne State University)

  • David Fasenfest

    (University of Illinois at Chicago)

Abstract

This article addresses several issues related to values and the evaluation of local economic development policies. First, it focuses on the issue of goals in relation to the evaluation of local policies: What is one trying to achieve with local economic development policies? Second, it addresses connections between how goals are defined, what analysts choose to evaluate, and the results of evaluations. Finally, the article suggests an alternative approach to evaluating local development policies, incorporating an explicit identification of values and a broader notion of what is meant by local economic development.

Suggested Citation

  • Laura A. Reese & David Fasenfest, 1997. "What Works Best?: Values and the Evaluation of Local Economic Development Policy," Economic Development Quarterly, , vol. 11(3), pages 195-207, August.
    • Handle: RePEc:sae:ecdequ:v:11:y:1997:i:3:p:195-207
    DOI: 10.1177/089124249701100301
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    References listed on IDEAS

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    1. Gregory H. Wassail & Doryl A. Hellman, 1985. "Financial Incentives To Industry And Urban Economic Development," Review of Policy Research, Policy Studies Organization, vol. 4(4), pages 626-639, May.
    2. Paul D. Warner, 1987. "Business Climate, Taxes, and Economic Development," Economic Development Quarterly, , vol. 1(4), pages 383-390, November.
    3. Habibullah Khan, 1991. "Measurement and determinants of socioeconomic development: A critical conspectus," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 24(2), pages 153-175, March.
    4. Timothy J. Bartik, 1991. "Who Benefits from State and Local Economic Development Policies?," Books from Upjohn Press, W.E. Upjohn Institute for Employment Research, number wbsle.
    5. McKee, Katharine, 1989. "Microlevel strategies for supporting livelihoods, employment, and income generation of poor women in the third world: The challenge of significance," World Development, Elsevier, vol. 17(7), pages 993-1006, July.
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    Cited by:

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    2. Ed McMullan & James J. Chrisman & Karl Vesper, 2001. "Some Problems in Using Subjective Measures of Effectiveness to Evaluate Entrepreneurial Assistance Programs," Entrepreneurship Theory and Practice, , vol. 26(1), pages 37-54, October.
    3. Brad R. Watts & George A. Erickcek & Jacob Duritsky & Kevin O'Brien & Claudette Robey & James Robey, 2011. "What Should EDA Fund? Developing a Model for Preassessment of Economic Development Investments," Economic Development Quarterly, , vol. 25(1), pages 65-78, February.
    4. Maša Trinajstić & Marinela Krstinić Nižić & Nada Denona Bogović, 2022. "Business Incentives for Local Economic Development," Economies, MDPI, vol. 10(6), pages 1-12, June.
    5. Jill L. Tao & Richard C. Feiock, 1999. "Directing Benefits to Need: Evaluating the Distributive Consequences of Urban Economic Development," Economic Development Quarterly, , vol. 13(1), pages 55-65, February.
    6. Victoria Basolo & Chihyen Huang, 2001. "Cities and Economic Development: Does the City Limits Story Still Apply?," Economic Development Quarterly, , vol. 15(4), pages 327-339, November.
    7. Paul Parker, 2001. "Local-Global Partnerships for High-Tech Development: Integrating Top-Down and Bottom-Up Models," Economic Development Quarterly, , vol. 15(2), pages 149-167, May.
    8. Beth Rose Middleton & Jonathan Kusel, 2007. "Northwest Economic Adjustment Initiative Assessment: Lessons Learned for American Indian Community and Economic Development," Economic Development Quarterly, , vol. 21(2), pages 165-178, May.
    9. Laura A. Reese & David Fasenfest, 1999. "Critical Perspectives on Local Development Policy Evaluation," Economic Development Quarterly, , vol. 13(1), pages 3-7, February.
    10. Brad R. Watts & George A. Erickcek & Jacob Duritsky & Kevin O’Brien & Claudette Robey & Jim Robey, 2009. "What Should EDA Fund? Developing a Model for Pre-Assessment of Economic Development Investments," Upjohn Working Papers 09-155, W.E. Upjohn Institute for Employment Research.

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