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Implicit Regional Economic Goals and Objectives: A Study of U.S. Development Programs

Author

Listed:
  • Peter Schaeffer

    (Resource Economics and Management, West Virginia University)

  • Randall Jackson

    (Regional Research Institute, West Virginia University)

  • Eric Bowen

    (Bureau of Business and Economic Research, West Virgina University)

Abstract

At the present time, U.S. regional economic development policies tend to be focused on sectors, infrastructure, human capital, innovation capability, or to be problem oriented, and only a few programs can be described as being place-based. In this paper, we are looking at major federal regional development programs to deduce their combined implicit place-based goals and objectives. Because the U.S. seems to be relatively unique among OECD countries in its scant use of place-based policies, we compare the United States to, in particular, Canada to gain further insights into the reasons for and potential effects of such policy differences.

Suggested Citation

  • Peter Schaeffer & Randall Jackson & Eric Bowen, 2018. "Implicit Regional Economic Goals and Objectives: A Study of U.S. Development Programs," Working Papers Working Paper 2018-06, Regional Research Institute, West Virginia University.
    • Handle: RePEc:rri:wpaper:2018wp06
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    File URL: https://researchrepository.wvu.edu/rri_pubs/40/
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    1. repec:rre:publsh:v:35:y:2005:i:3:p:266-90 is not listed on IDEAS
    2. Nizalov, Denys & Loveridge, Scott, 2005. "The Differential Impact of Regional Policies on Economic Growth: One Size Does Not Fit All," 2005 Annual meeting, July 24-27, Providence, RI 19360, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Mark Drabenstott, 2008. "An Effective Overhaul of Federal Economic Development Policy," Economic Development Quarterly, , vol. 22(2), pages 92-98, May.
    4. Amy Glasmeier & Lawrence Wood, 2005. "Policy Debates Analysis of US Economic Development Administration Expenditure Patterns over 30 Years," Regional Studies, Taylor & Francis Journals, vol. 39(9), pages 1261-1274.
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    More about this item

    Keywords

    regional development; national policy; implicit goals;
    All these keywords.

    JEL classification:

    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • R0 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods

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