FAST ADJUSTING URBAN REGIONS, LEADERSHIP AND REGIONAL ECONOMIC DEVELOPMENT

Mark Desantis and Roger R. Stough
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Mark Desantis: President, De Santis Associates, Pittsburgh, PA and Adjunct Professor, H. John Hienz III School of
Roger R. Stough: NOVA Endowed Chair in Public Policy. Director, Center for Regional Analysis, The Institute of

Region et Developpement, 1999, vol. 10, 37-57

Abstract: This paper presents and tests a model that argues that institutional resources amplified by strategic community leadership are the factors that dominate a region’s ability to achieve sustained economic performance and, therefore, to adjust rapidly to changing conditions. The argument is formulated as a path analytical model and tested with data from 35 U.S. metropolitan regions. Analysis shows that strategic community leadership amplifies the effect of institutional resources on regional economic performance. It is concluded that regions with stronger strategic community leadership not only perform better economically but also adjust more effectively and quickly to change.

Keywords: LEADERSHIP; ECONOMIC DEVELOPMENT; URBAN; PATH ANALYSIS (search for similar items in EconPapers)
JEL-codes: C51 O18 R11 R38 R50 R58 (search for similar items in EconPapers)
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:tou:journl:v:10:y:1999:p:37-57

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