Regional Economic Development Analysis and Planning Strategy

ISBN-10: 3540348263
ISBN-13: 9783540348269
Edition: 2nd 2006 (Revised)
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Description: The second edition of this book is completely reedited making the book even more valuable for graduate students, reflecting recent advances and adding insightful new material. The book is about the analysis of regional economic performance and  More...

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Book details

List price: $89.95
Edition: 2nd
Copyright year: 2006
Publisher: Springer
Publication date: 9/15/2006
Binding: Paperback
Pages: 452
Size: 6.00" wide x 9.00" long x 0.75" tall
Weight: 1.540
Language: English

The second edition of this book is completely reedited making the book even more valuable for graduate students, reflecting recent advances and adding insightful new material. The book is about the analysis of regional economic performance and change, and how analysis integrates with strategies for local and regional economic development policy and planning. First, the book provides the reader with an overview of key theoretical and conceptual contexts within which the economic development process takes place. However, the deliberate emphasis is to provide the reader with an account of quantitative and qualitative approaches to regional economic analysis and of old and new strategic frameworks for formulating regional economic development planning. The second edition brings to the present its original thesis about the need for regions to be fast and flexible, but also to be proactive in order to be prepared to experience increasingly greater shocks while having less time to adjust their economic development to achieve sustainability. This is underscored by events that have occurred since 2001: 9/11 terrorist attacks, continuing rapid advances in technology, the rise China and India, the Tsunami, and all the known on-going and unforeseen risks and challenges that confront nations around the globe and the regions and localities within them. The book presents strategies and the traditional and expanded methods used to create and implement them.

Foreword
Acknowledgements
Preface
Perspectives on Regional Economic Development
Regions in the New Global Economy
What Is Regional Economic Development?
Understanding How Regional Economies Work and the Challenge that Represents for Development Planning
The Changing Paradigms Shaping Economic Development Policy and Strategy
Some Core Theories and Models of Regional Economic Development
Thinking Global While Acting Local
Sustainable Development
Schools Shaping Thinking About Regional Economic Development Strategy and Planning
New Tools, New Strategies for Regional Economic Development Planning
Scope and Structure of this Book
The Regional Economic Development Movement: The Evolution of Strategy from Early to Contemporary Approaches
The Changing Context
The Changing Objectives of Local Economic Development Policy
Approaches to Planning for Regional Development in the 1970s and 1980s
Monitoring Outcomes of Economic Development Programs
The Strategic Planning Approach
The Concern with Sustainable Development
An Enabling Planning Framework for Regional Economic Strategy Formulation
Summary
Traditional Tools for Measuring and Evaluating Regional Economic Performance I: Economic Base and Shift-Share Analysis
The Need to Measure Regional Economic Performance
Economic Base Theory and Industrial Targeting
Shift-Share Analysis
Critiques and Extensions of Traditional Shift-Share Analysis
Using the Regional Shift Component as a Dependent Variable to Model Determinants of Spatial Variation in Regional Endogenous Growth: A Case Study of Queensland, Australia
Data Envelopment Analysis (DEA)
Conclusions
Traditional Tools for Measuring and Evaluating Regional Economic Performance II: Input-Output Analysis
Measuring Regional Inter-Industry Linkages
Compiling a Regional Input-Output Table
Exogenous and Endogenous Effects
Using Input-Output Analysis to Measure Impact of an Economic Activity
Using Input-Output Analysis as a Predictive Tool
A Forecasting Application of Input-Output Analysis: An Economic Development Strategy for the Brisbane South East Queensland Region, Australia
Using Sub-Regional Input-Output Analysis to Measure Impact Assessment
New and Emerging Extensions to Input-Output Models and Conclusions
Path Setting: An Approach to Regional Economic Development Futures
New Approaches in the Contemporary Era
Futures
Analyzing Futures
Recent Developments in Economic Strategy Formulation
A New Synthetic Strategic Framework for Planning
The Future Direction of Strategy for Regional Economic Development
Summary
Industry Clusters and Industry Cluster Analysis
A New Context
Globalization, Industry Structure and Localization
Industry Clusters: A Contemporary Strategy
A Basic Approach to Building Industry Clusters
Industry Clusters as the New Engines of Metropolitan Economies in the US
Quantitative Analysis to Identify and Measure Regional Industry Clusters
The Process for a Region Undertaking Cluster Industry Development
Conclusions
Multi-Sector Analysis: Approaches to Assesing Regional Competitiveness and Risk
The Need for a New Technique
Theoretical Basis for Multi-Sector Analysis (MSA)
Using MSA for Regional Strategy
The Process for Operationalising the MSA Approach
Examples Applying Multi-Sector Analysis
Future Development of Multi-Sector Analysis
Capacity Building, Institutions and Leadership for Regional Economic Development
An Emerging New Perspective on Regional Capacity Building
Endogenous Processes
Social Capital
Leadership and Institutional Capacity Building
Leadership and Regional Economic Development: A Conceptual Model
Re-Engineering Regions and Rapid Response
Networks, Strategic Alliances and Network Resources
Conclusions
Decision Support Tools to Inform Regional Economic Development Analysis and Strategy
Using Spatial Information Technology to Build Decision Support Systems
Geographic Information Systems
Case Study of a GIS to Support Economic Development Decision Making
A Spatial Decision Support System
Integrating Quantitative and Qualitative Analysis
A Spatial Optimization Modelling and Visualization Capacity
Spatial Analysis of Geographic Clustering of Industry Clusters
Conclusions
Emerging Issues for Regional Economic Development
A Rapidly Changing World: The Need for a New Paradigm
Future Directions of Regional Economic Strategy
Managing Risk
The Evolution of Analytical Tools
The Challenge of the Virtual Economy
Sustainable Development
Being Fast and Flexible in Search of Sustainable Development
Figures
Tables
References
Index

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