Seize the Time: Needed Research on Local Economic Development in an Era of Increased Attention to Problems of Place

Tim Bartik

Economic Development Quarterly, 2023, vol. 37, issue 1, 7-13

Abstract: Within the policy area of local economic development, this paper identifies five research needs: 1) better definitions of local labor markets; 2) policy know-how on how local economic development’s benefits can be spread to distressed neighborhoods; 3) evidence on what types of jobs have both good growth prospects and also provide long-run job opportunities for U.S. workers who lack a bachelor‘s degree; 4) estimates of how local worker skill-upgrading programs, or worker attraction programs, affect local labor market outcomes; and 5) more rigorous evaluation of both customized business services provided to individual firms and more comprehensive regional economic development strategies.

Keywords: local economic development policies; local labor markets; good jobs; program evaluation; neighborhoods; remote worker attraction; place-based scholarships; JEL Classification Codes:; R11; R12; R23 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:sae:ecdequ:v:37:y:2023:i:1:p:7-13

DOI: 10.1177/08912424221140027

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