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Seize the Time: Needed Research on Local Economic Development in an Era of Increased Attention to Problems of Place

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  • Tim Bartik

Abstract

Within the policy area of local economic development, this paper identifies five research needs: 1) better definitions of local labor markets; 2) policy know-how on how local economic development’s benefits can be spread to distressed neighborhoods; 3) evidence on what types of jobs have both good growth prospects and also provide long-run job opportunities for U.S. workers who lack a bachelor‘s degree; 4) estimates of how local worker skill-upgrading programs, or worker attraction programs, affect local labor market outcomes; and 5) more rigorous evaluation of both customized business services provided to individual firms and more comprehensive regional economic development strategies.

Suggested Citation

  • Tim Bartik, 2023. "Seize the Time: Needed Research on Local Economic Development in an Era of Increased Attention to Problems of Place," Economic Development Quarterly, , vol. 37(1), pages 7-13, February.
    • Handle: RePEc:sae:ecdequ:v:37:y:2023:i:1:p:7-13
    DOI: 10.1177/08912424221140027
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    References listed on IDEAS

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    More about this item

    Keywords

    local economic development policies; local labor markets; good jobs; program evaluation; neighborhoods; remote worker attraction; place-based scholarships; JEL Classification Codes:; R11; R12; R23;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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