ISSN:
1432-0592
Source:
Springer Online Journal Archives 1860-2000
Topics:
Architecture, Civil Engineering, Surveying
,
Geography
,
Economics
Notes:
Abstract The purpose of this paper was to provide an examination of criteria for allocating EDA aid to redevelopment areas. The need for such a study has been noted by researchers in the field of regional economic development, but very little empirical work has been done. In this study the advantages and disadvantages of actual and proposed criteria for guiding development efforts were reviewed. An analysis of county designation under alternative criteria was then provided. The empirical analysis indicated that unemployment was the criterion given the greatest weight in selecting counties for special EDA benefits. The use of this criterion tended to focus EDA efforts upon industrialized counties which tend to have high median income, low incidence of poverty, and inmigration. Selection of counties on the basis of unemployment omitted many counties with both the greatest labor potential and economic need for expanded industrialization. Underemployment, on the other hand, was a much better indicator of both underutilized labor and economic need. Such a criterion could and should be used to guide programs directed toward job creation in lagging areas.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1007/BF01284305
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