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This Complete revision of Dr. Shaffer's classic Community Economics provides readers with a comprehensive understanding of economic structure in small communities and urban neighborhoods of America. Authors Shaffer, Deller, and Marcouiller review the economics of smaller communities with continued emphasis on how to build and achieve theoretically sound community economic development policy. The text also demonstrates how local participation and knowledge can be used to identify problems, form solutions, and maintain community support for long-term goals. The main body of economic research and literature has neglected the economics of smaller communities. Community Economics: Linking Theory and Practice fills that information void. This text serves as a comprehensive guide on smaller, open economies and urban neighborhoods for economists, regional planners, rural sociologists, and geographers. Additionally, Community Economics is an issue-oriented handbook of development strategies for development practitioners, planning and zoning officials, and others involved in the ay-to-day activities of community economic development.
In economic development, theory and practice exist as two seemingly separate realities. Academics strive to develop or refine theory by drawing on abstract concepts about the way people behave and institutions work, while practitioners draw from a stock of experiences. By bringing together leading theorists and practitioners such as Blakely, Blair, McCann, Luger, Gunder, Stough and Stimson, this book provides the first comprehensive overview of local economic development theories for over fifteen years. It explores the theory behind the key concepts that every economic practitioner must understand and in doing so, ties together the various theories from across the disciplines to practice.
Thorough and authoritative, Regional and Urban Economics and Economic Development: Theory and Methods provides students with a sound approach to analyzing the economic progress of a region or urban area. The textbook is divided into four sections for ease of reference. The first section, Market Areas and Firm Location Analysis introduces spatial economics and location theory, while the next section, Regional Growth and Development analyzes regional growth and development models and policy. Introducing the foundations of urban economics, Urban Land Use and Urban Form examines land rent, land use patterns, and the effects of attempts to control land uses. The final section, Urban Problems and Policy, investigates local public finance and introduces the policy analysis involved in countering urban problems. Addressing these topics from the perspectives of how they affect the population at large and how they become established within public policy, Regional and Urban Economics and Economic Development: Theory and Methods provides students with an essential foundation not only to understand but also to contemplate the dynamics of varying economic factors as they relate to an area's growth.
This book offers insights into the process and the practice of local economic development. Bridging the gap between theory and practice it demonstrates the relevance of theory to inform local strategic planning in the context of widespread disparities in regional economic performance. The book summarizes the core theories of economic development, applies each of these to professional practice, and provides detailed commentary on them. This updated second edition includes more recent contributions - regional innovation, agglomeration and dynamic theories – and presents the major ideas that inform economic development strategic planning, particularly in the United States and Canada. The text offers theoretical insights that help explain why some regions thrive while others languish and why metropolitan economies often rise and fall over time. Without theory, economic developers can only do what is politically feasible. This text, however, provides them with a logical tool for thinking about development and establishing an independent basis from which to build the local consensus needed for evidence-based action undertaken in the public interest. Offering valuable perspectives on both the process and the practice of local and regional economic development, this book will be useful for both current and future economic developers to think more profoundly and confidently about their local economy.
The second edition of Regional Economics provides a comprehensive and up-to-date treatment of regional economics. This fully revised edition includes key theoretical developments of the last ten years. Topics included span from the earliest location theories to the most recent regional growth theories. It is also is also enriched by the recent debate on smart specialization strategies recently developed by the EU for the design of new cohesion policies. Key elements covered in the new edition include: proximity and innovation theories the concept of territorial capital the debate on the role of agglomeration economies in urban growth This textbook is for undergraduate students in regional and urban economics as well as spatial planning courses.
This second edition of Development Economics: Theory and Practice continues to provide students and practitioners with the perspectives and tools they need to think analytically and critically about the current major economic development issues in the world. Alain de Janvry and Elisabeth Sadoulet identify seven key dimensions of development—growth, poverty, vulnerability, inequality, basic needs, sustainability, and quality of life—and use them to structure the contents of the text. The book gives a historical perspective on the evolution of thought in development. It uses theory and empirical analysis to present readers with a full picture of how development works, how its successes and failures can be assessed, and how alternatives can be introduced. The authors demonstrate how diagnostics, design of programs and policies, and impact evaluation can be used to seek new solutions to the suffering and violence caused by development failures. In the second edition, more attention has been given to ongoing developments, such as: pursuit of the Sustainable Development Goals continuously rising global and national inequality health as a domestic and international public good cash transfers for social protection carbon trading for sustainability This text is fully engaged with the most cutting-edge research in the field and equips readers with analytical tools for impact evaluation of development programs and policies, illustrated with numerous examples. It is underpinned throughout by a wealth of student-friendly features, including case studies, quantitative problem sets, end-of-chapter questions, and extensive references. Excel and Stata exercises are available as digital supplements for students and instructors. This unique text is ideal for those taking courses in development economics, economic growth, and development policy, and will provide an excellent foundation for those wishing to pursue careers in development.
Local and regional development is an increasingly global issue. For localities and regions, the challenge of enhancing prosperity, improving wellbeing and increasing living standards has become acute for localities and regions formerly considered discrete parts of the ‘developed’ and ‘developing’ worlds. Amid concern over the definitions and sustainability of ‘development’, a spectre has emerged of deepened unevenness and sharpened inequalities in the development prospects for particular social groups and territories. Local and Regional Development engages and addresses the key questions: what are the principles and values that shape definitions and strategies of local and regional development? What are the conceptual and theoretical frameworks capable of understanding and interpreting local and regional development? What are the main policy interventions and instruments? How do localities and regions attempt to effect development in practice? What kinds of local and regional development should we be pursuing? This book addresses the fundamental issues of ‘what kind of local and regional development and for whom?’, frameworks of understanding, and instruments and policies. It outlines what a holistic, progressive and sustainable local and regional development might constitute before reflecting on its limits and political renewal. With the growing international importance of local and regional development, this book is an essential student purchase, illustrated throughout with maps, figures and case studies from Asia, Europe, and Central and North America.
The second edition of this accessible text provides an integrated framework of the study of urban and regional economics. It offers a concise and up-to-date introduction to the main foundational models, principles, and theories of the subject, and uses a range of international examples to illustrate ideas.
Regional economic development has attracted the interest of economists, geographers, planners and regional scientists for a long time. And, of course, it is a field that has developed a large practitioner cohort in government and business agencies from the national down to the state and local levels. In planning for cities and regions, both large and small, economic development issues now tend to be integrated into strategic planning processes. For at least the last 50 years, scholars from various disciplines have theorised about the nature of regional economic development, developing a range of models seeking to explain the process of regional economic development, and why it is that regions vary so much in their economic structure and performance and how these aspects of a region can change dramatically over time. Regional scientists in particular have developed a comprehensive tool-kit of methodologies to measure and monitor regional economic characteristics such as industry sectors, employment, income, value of production, investment, and the like, using both quantitative and qualitative methods of analysis, and focusing on both static and dynamic analysis. The 'father of regional science', Walter lsard, was the first to put together a comprehensive volume on techniques of regional analysis (Isard 1960), and since then a huge literature has emerged, including the many titles in the series published by Springer in which this book is published.