@techreport{Watts2009What,
abstract = {This paper describes the completion of a 'comprehensive study of regionalism' that was conducted by a joint team of economists and economic development specialists for the Economic Development Administration (EDA). The project consisted of two main activities: an examination of the factors associated with economic development success and the creation of a practical interactive tool for EDA project assessment and comparison. Findings from surveys, interviews, and project case studies are discussed in terms of their support for a positive relationship between successful economic development efforts and factors such as leadership and private investment. Also, the authors discuss the creation of a quantitative assessment model utilizing well-known approaches such as economic impact multipliers and cluster theory. The primary contribution of this work to the existing body of EDA-focused research and evaluation literature is introducing a means of using standardized scores, also known as z-scores, to compare and assess economic development projects across both industries and regions.},
address = {Kalamazoo, Mich.},
author = {Brad R. Watts and George A. Erickcek and Jacob Duritsky and Kevin O'Brien and Claudette Robey and Jim Robey},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {O21; 330; regional economic development; economic impact; assessment model; EDA; z-score},
language = {eng},
number = {09-155},
publisher = {W.E. Upjohn Inst. for Employment Research},
title = {What should EDA fund? Developing a model for pre-assessment of economic development investments},
type = {Upjohn Institute Working Paper},
url = {http://hdl.handle.net/10419/64373},
year = {2009}
}
