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Evaluation of Policies and Measures to Create Local Employment

Author

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  • D.J. Storey

    (Centre for Small and Medium Sized Enterprises, Warwick Business School, University of Warwick, Coventry CV4 7AL, UK)

Abstract

This paper argues that it is now appropriate and possible to undertake a thorough review of local economic initiatives (LEIs). The key theoretical point of the paper is to demonstrate that, from the viewpoint of economic efficiency, the marginal costs for each LEI instrument of achieving a policy objective should be equalised. The paper then takes this concept and examines it in the context of a hypothetical example of an LEI. It shows how the concept can be modified according to the particular objectives of those promoting the LEI.

Suggested Citation

  • D.J. Storey, 1990. "Evaluation of Policies and Measures to Create Local Employment," Urban Studies, Urban Studies Journal Limited, vol. 27(5), pages 669-684, October.
    • Handle: RePEc:sae:urbstu:v:27:y:1990:i:5:p:669-684
    DOI: 10.1080/00420989020080651
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    References listed on IDEAS

    as
    1. K.G. Willis, 1985. "Estimating the Benefits of Job Creation from Local Investment Subsidies," Urban Studies, Urban Studies Journal Limited, vol. 22(2), pages 163-177, April.
    2. Ivan Turok, 1989. "Evaluation and Understanding in Local Economic Policy," Urban Studies, Urban Studies Journal Limited, vol. 26(6), pages 587-606, December.
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    Cited by:

    1. Paul Lawless & Peter Else & Richard Farnell & Rob Furbey & Sue Lund & Benita Wishart, 1998. "Community Based Initiative and State Urban Policy: The Church Urban Fund," Regional Studies, Taylor & Francis Journals, vol. 32(2), pages 161-174.
    2. Psaltopoulos, Demetrios & Skuras, Dimitris & Thomson, Kenneth J., 2011. "Employment effects of private investment initiatives in rural areas of southern Europe: A regional SAM approach," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 12(2).
    3. Charles Dannreuther, 2007. "EU SME policy: On the edge of governance," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 8(02), pages 7-13, July.
    4. Charles Dannreuther, 2007. "EU SME policy: On the edge of governance," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 8(2), pages 7-13, July.

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