IDEAS home Printed from https://ideas.repec.org/a/sae/loceco/v31y2016i6p733-745.html
   My bibliography  Save this article

Affordable, sustainable local economic research for small urban areas: 22 years of evolution and refinement

Author

Listed:
  • John M McGrath
  • Skip Glenn
  • Ronald Vickroy

Abstract

This article details the evolution and refinement of a low-cost study of economic conditions in a small metropolitan area over the past 22 years. Annually, the chamber of commerce of the study area collaborates with faculty members at a local university to conduct the research, which is shared with business and community leaders at a regional economic summit. The study addresses the unique information needs for a local economy that are not filled by existing federal and state data. Specific measures include projected changes in employment and an “optimism scale†for local organizations. Over time, the study’s methodology has evolved from a paper survey to include an online survey option, as well as the addition of new measures to address changing community needs. The approach is technically and financially sustainable and within the reach of local organizations with modest research budgets. The study could be adopted easily in other small communities.

Suggested Citation

  • John M McGrath & Skip Glenn & Ronald Vickroy, 2016. "Affordable, sustainable local economic research for small urban areas: 22 years of evolution and refinement," Local Economy, London South Bank University, vol. 31(6), pages 733-745, September.
  • Handle: RePEc:sae:loceco:v:31:y:2016:i:6:p:733-745
    DOI: 10.1177/0269094216661139
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/0269094216661139
    Download Restriction: no

    File URL: https://libkey.io/10.1177/0269094216661139?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Rebecca Winders, 2000. "Small Business Development and Nonmetropolitan Job Growth in Georgia," Growth and Change, Wiley Blackwell, vol. 31(1), pages 82-107.
    2. Stephan Weiler, 2000. "Information and Market Failure in Local Economic Development: A New Role for Universities?," Economic Development Quarterly, , vol. 14(2), pages 194-203, May.
    3. Timothy J. Bartik, 2012. "The Future of State and Local Economic Development Policy: What Research Is Needed," Growth and Change, Wiley Blackwell, vol. 43(4), pages 545-562, December.
    4. Stephan Weiler, 2001. "Unemployment in Regional Labor Markets: Using Structural Theories to Understand Local Jobless Rates in West Virginia," ILR Review, Cornell University, ILR School, vol. 54(3), pages 573-592, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. John M. McGrath & Ronald Vickroy, 2003. "A Research Approach for Tracking Local Economic Conditions in Small-Town America," Economic Development Quarterly, , vol. 17(3), pages 255-263, August.
    2. Mark D. Partridge & Dan S. Rickman & M. Rose Olfert & Ying Tan, 2015. "When Spatial Equilibrium Fails: Is Place-Based Policy Second Best?," Regional Studies, Taylor & Francis Journals, vol. 49(8), pages 1303-1325, August.
    3. Stephan Weiler & Sarah A. Low, 2013. "Measurement and Storytelling in Regional Science," International Regional Science Review, , vol. 36(1), pages 69-80, January.
    4. Hongbo Wang, 2016. "The Texas economic model, miracle or mirage? A spatial hedonic analysis," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 56(2), pages 393-417, March.
    5. Carlianne Patrick, 2014. "Does Increasing Available Non-Tax Economic Development Incentives Result in More Jobs?," National Tax Journal, National Tax Association;National Tax Journal, vol. 67(2), pages 351-386, June.
    6. Matthew Nagle, 2007. "Canonical Analysis of University Presence and Industrial Comparative Advantage," Economic Development Quarterly, , vol. 21(4), pages 325-338, November.
    7. Murphy, Kevin J. & Payne, James E., 2003. "Explaining change in the natural rate of unemployment: A regional approach," The Quarterly Review of Economics and Finance, Elsevier, vol. 43(2), pages 345-368.
    8. N. Groenewold & A.J. Hagger, 2008. "Regional Unemployment Disparities: An Evaluation Of Policy Measures," Australian Economic Papers, Wiley Blackwell, vol. 47(4), pages 355-375, December.
    9. Neumark, David & Simpson, Helen, 2015. "Place-Based Policies," Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 1197-1287, Elsevier.
    10. Patrick, Carlianne, 2016. "Jobless capital? The role of capital subsidies," Regional Science and Urban Economics, Elsevier, vol. 60(C), pages 169-179.
    11. Stein Kristiansen, 2003. "Information Asymmetry and Economic Concentration: The case of hens and eggs in eastern Indonesia," Working Papers 03-21, Agricultural and Development Economics Division of the Food and Agriculture Organization of the United Nations (FAO - ESA).
    12. Nicolaas Groenewold & A. J. Hagger, 2003. "Regional Unemployment Disparities: Can Fiscal Policy Help?," Economics Discussion / Working Papers 03-20, The University of Western Australia, Department of Economics.
    13. W D A Bryant, 2009. "General Equilibrium:Theory and Evidence," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 6875, August.
    14. Michael Keane & Eoghan Garvey, 2006. "Measuring the employment effects of the rural renewal tax scheme," Regional Studies, Taylor & Francis Journals, vol. 40(3), pages 359-374.
    15. Eric Scorsone & Stephan Weiler, 2004. "New Markets as Informational Asymmetries," Economic Development Quarterly, , vol. 18(3), pages 303-313, August.
    16. Panibratov, Andrei & Chen, Xinchuan, 2018. "The role of informal institutions in the internationalization process of Chinese and Russian firms," Working Papers 15115, Graduate School of Management, St. Petersburg State University.
    17. Schweikert, Jochen & Höchstötter, Markus, 2018. "Epidemiological spreading of mortgage default," Working Paper Series in Economics 112, Karlsruhe Institute of Technology (KIT), Department of Economics and Management.
    18. Walter H. Plosila, 2004. "State Science- and Technology-Based Economic Development Policy: History, Trends and Developments, and Future Directions," Economic Development Quarterly, , vol. 18(2), pages 113-126, May.
    19. Mark D. Partridge & Dan S. Rickman & Hui Li, 2009. "Who Wins From Local Economic Development?," Economic Development Quarterly, , vol. 23(1), pages 13-27, February.
    20. Harvey Goldstein & Joshua Drucker, 2006. "The Economic Development Impacts of Universities on Regions: Do Size and Distance Matter?," Economic Development Quarterly, , vol. 20(1), pages 22-43, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:loceco:v:31:y:2016:i:6:p:733-745. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.lsbu.ac.uk/index.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.