A thematic approach to regional economic development: Technical report for the state of Maine development strategy 2020-2029

Andrew Crawley and Angela Hallowell

MPRA Paper from University Library of Munich, Germany

Abstract: This paper proposes a new approach to regional economic development that attempts to bring together sector and place-based strategies through the use of thematics. By connecting new measures and existing diagnostics we demonstrate how a region may identify emerging industrial themes based on their existing sectors, their labor pool, and their innovative capacity. By connecting often disparate heritage industries to new niche growing areas, a region might adapt to global and regional trends. To demonstrate this new approach, it is applied to data for the US state of Maine

Keywords: Regional Economic Development; Place-based Policies; Thematics; Industrial Analysis (search for similar items in EconPapers)
JEL-codes: R1 R11 R12 (search for similar items in EconPapers)
Date: 2020-08-20
New Economics Papers: this item is included in nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:102540

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