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Determinants of Local Economic Performance: Experience from Rural England

Author

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  • Paul Courtney

    (Countryside and Community Research Institute, Cheltenham, Gloucestershire)

  • Malcom Moseley

    (Countryside and Community Research Institute, Cheltenham, Gloucestershire)

Abstract

The determinants of local economic performance have provided a focus for theoretical debate and posed a conundrum for rural policy makers aiming to address local and regional disparities in the face of global competitiveness. The complex interrelationship of potential explanatory factors is conceptualized in terms of five ‘capitals’: economic, human, social, environmental and cultural. Findings from in-depth interviews with local stakeholders in eight English districts emphasise the interplay between local historical and cultural contexts, the capacity of local actors to stimulate development and the potential to create ‘open’ economies and societies in explaining uneven patterns of performance across rural England.

Suggested Citation

  • Paul Courtney & Malcom Moseley, 2008. "Determinants of Local Economic Performance: Experience from Rural England," Local Economy, London South Bank University, vol. 23(4), pages 305-318, November.
    • Handle: RePEc:sae:loceco:v:23:y:2008:i:4:p:305-318
    DOI: 10.1080/02690940802408029
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    References listed on IDEAS

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    1. Tiepoh, M. Geepu Nah & Reimer, Bill, 2004. "Social capital, information flows, and income creation in rural Canada: a cross-community analysis," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 33(4), pages 427-448, September.
    2. Bengt-ake Lundvall & Bjorn Johnson, 1994. "The Learning Economy," Industry and Innovation, Taylor & Francis Journals, vol. 1(2), pages 23-42.
    3. Annen, Kurt, 2003. "Social capital, inclusive networks, and economic performance," Journal of Economic Behavior & Organization, Elsevier, vol. 50(4), pages 449-463, April.
    4. Cecilia Wong, 1998. "Determining Factors for Local Economic Development: The Perception of Practitioners in the North West and Eastern Regions of the UK," Regional Studies, Taylor & Francis Journals, vol. 32(8), pages 707-720.
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