Developing Indicators to Inform Local Economic Development in England

Cecilia Wong
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Cecilia Wong: Department of Civic Design (Town and Regional Planning), University of Liverpool, 74 Bedford Street South, Liverpool, L69 7ZQ, UK, ylcwong@liverpool.ac.uk

Urban Studies, 2002, vol. 39, issue 10, 1833-1863

Abstract: Based on a conceptual framework of 11 factors that are widely perceived to be the major determinants of local economic development (LED), 29 indicators were identified to measure these factors. Principal component analysis was first used to examine the structure of relationships among the compiled LED indicators for local authority districts in England and to explore the spatial patterns that emerge from the analysis. A series of multiple regression models were then calibrated to investigate the relative strengths of relationship between the LED indicators and various performance variables. The final section concludes with the key issues revealed by the findings of these multivariate analyses.

Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:sae:urbstu:v:39:y:2002:i:10:p:1833-1863

DOI: 10.1080/0042098022000002984

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