Georgia Tech School of Public Policy
PUBP 6602 | CP 6422 | Spring 2005 | Home  
Economic Development Analysis and Practice 

Schedule

Subject to change.  Please re-review at start of each week. Class meets Tuesdays and Thursdays, 9:35-11:05, DM Smith Room 204. Updated to 03/28/05.

For further information on using PDF files and installing Adobe Acrobat select [here].

1

Jan-11

Introduction to the Course

 

 

Overview of class

 

 

What is economic development.

 

 

 

2

Jan-13

Fundamental Concepts of Economic Development - A Review

 

 

In class assignment: Economic development theory "IQ"

 

 

Reading:

 

 

--Koven and Lyons, Chapter 1, Chapter 5, pp. 139-145

 

 

 

3

Jan-18

Overview of Strategic Planning Process

 

 

Reading:

 

 

--US Department of Commerce, Economic Development Administration (2000) Comprehensive Economic Development Strategy Guidelines, Washington, DC.

 

 

--Bendavid-Val, Chapters 18, 19, 20

 

 

--Koven and Lyons, Chapter 6, especially Worksheet 6-1

 

 

 

4

Jan-20

Profiling an Economy: Questions, Unit of Analysis, Data Sources

 

 

Reading:

--Reamer, Andy and Cortright, Joseph, Socioeconomic Data for Economic Development:
An Assessment, Washington, DC: U.S. Economic Development Administration, 1999, Chapter 2 [go to the research report listing, scroll down to the report].

 

 

--Review EconData.Net - Guide to Regional Economic Data on the Web, www.econdata.net

 

 

--Review state of Georgia sites:

 

 

      Georgia Department of Labor

 

 

      GeorgiaFacts.net: www.georgiafacts.net

 

 

 

5

Jan-25

Indicator Development

 

 

Expert Practitioner: Alfie Meek, Division Director, Gwinnett County Government Forecasting and Research

 

 

Reading: Review Web sites

 

 

--Gwinnett County Government Forecasting and Research  

--Sustainable Development Indicators  
--National Science Foundation: Science and Engineering Indicators 2004

6

 

Jan-27

 

Analyzing Regional Economic Structure: Measures and Methods To Understand Economy Composition – Economic Base Analysis, Location Quotients, Shift Share Analysis, Multipliers

 

 

*Class will be held in the computer lab for in class assignment

 

 

Expert Practitioner: Robert Lann, Director of Research, Economic Development Institute

-Presentations: Economic Base and Location Quotients, Shift Share
-In-class assignment:
  --Location quotients: spreadsheet, spreadsheet + answers
  --Shift share: spreadsheet, spreadsheet + answers
Reading:
--Bendavid-Val, Chapter 7.
--Ronald Hustedde, Ron Shaffer, and Glen Pulver, Community Economic Analysis: A How To Manual. Washington, D.C.: U.S. Environmental Protection Agency, December 1993, [PDF], Multipliers, pp. 8-14, Location Quotients, pp. 25-28, Shift Share Analysis, pp. 30-34.

 7

Feb-01 

Analyzing Regional Economic Relationships: Input/Output Concepts, Measures 

 

 

*Class will be held in the computer lab for in-class assignment

 

 

Expert Practitioner: Robert Lann, Director of Research, Economic Development Institute

-Presentation: Input/Output Analysis

 

 

Reading:

 

 

--Bendavid-Val, Chapter 8, Chapter 13

 

 

 

8

Feb-03

Analyzing Regional Economic Relationships: Fiscal Impact Analysis

 

 

*Class will be held in the computer lab for in class assignment

 

 

Expert Practitioner: Robert Lann, Director of Research, Economic Development Institute

-Presentation: Fiscal Impact Analysis

 

 

Reading:

 

 

--Review Web site: Fiscal and Economic Impact Research, http://www.ceds.gatech.edu/research/index.cfm?Fuseaction=research_fiscal

 

 

--Edwards, Mary (n.d.) Community Guide to Development Impact Analysis

 

 

Review of case studies of economic development impact.
--Shapira, Philip and Jan Youtie (1996), Assessing GMEA's Economic Impacts: Towards a Benefit-Cost Methodology. [PDF]

 

 

 

9

Feb-08

Trends in Regional Economic Analysis

 

 

*Class will be held in Room 303, D.M. Smith Building

 

 

Expert Practitioner: Cliff Lipscomb, U.S. Bureau of Economic Analysis

 

 

Reading:

 

 

--Review BEA Web site, especially:

 

 

  http://www.bea.doc.gov/bea/about/AcctIntros/Industry_overview.pdf

 

 

  http://www.bea.doc.gov/bea/dn2/iedguide.htm#aia

 

 

 

10

Feb-10

Examination

 

 

 

11

Feb-15

Discuss examination

 

 

 

12

Feb-17

Introduction to Geographic Information Systems

 

 

*Class will be held in the computer lab for in class assignment

 

 

Expert Practitioner: Paul Counts, Senior Research Assistant, Economic Development Institute

 

 

Reading:

 

 

--Review ESRI Web site, Key GIS Concepts

 

 

 

13

Feb-22

Georgia Resource Center

 

 

*Class will be held at the Georgia Power offices, first floor, Busbee Center for Global Economic Development & Innovation

 

 

Technology Square, 75 Fifth Street, NW

 

 

Expert Practitioner: Roy Plott, Georgia Power Company

 

 

Reading:

 

 

--Review Georgia Power's Georgia Resource Center Web site

 

 

 

14

Feb-24

Midsized City Presentations: Group 1 and 2

 

 

 

15

Mar-01

Midsized City Presentations: Group 3 and 4

 

 

 

16

Mar-03

Concepts in Innovation at the Regional Level

 

 

Reading

--Joseph Cortright, New Growth Theory, Technology, and Learning: A Practitioner's Guide, Washington, DC:  U.S. Economic Development Administration, 2001. [PDF]

 

 

--Shapira, Youtie, Mohapatra (2003). Linking research production and development outcomes at the regional level. Research Evaluation 12 (2) August, 105-116.

 

 

--A. Worgan and S. Nunn (2002), "Exploring a complicated labyrinth: some tips on using patent data to measure urban and regional innovation', Economic Development Quarterly, 16(3) August, 229-236.

 

 

 

17

Mar-08

Introduction to Text Mining Tools and Analysis for Regional Innovation Analysis

Expert Practitioner: Alan Porter, Professor Emeritus, Georgia Tech

 

 

*Class will be held in the computer lab for in class assignment

 

 

Reading:

 

 

--Web of Science from ISI: http://www.library.gatech.edu/search_locate/databases.html

 

 

--U.S. Patent and Trade Office: http://www.uspto.org OR http://patents.cos.com

--Technology Policy and Assessment Center, Technology Opportunities Analysis, What is TOA?
http://www.tpac.gatech.edu/toa.shtml
--Technology Policy and Assessment Center, Hottech, (example of how to use knowledge tools to address policy and planning questions)
http://www.tpac.gatech.edu/hottech/

 

 

Additional Resources

 

 

--Bhaven Sampat (Georgia Tech School of Public Policy) Presentation [PDF]

 

 

--Pavitt, K. L. R. (1985). "Patent statistics as indicators of innovative activities: possibilities and problems." Scientometrics 7(1-2).

 

 

--Jaffe, A. (1998). "Patents, Patent Citations, and the Dynamics of Technological Change." NBER Reporter. 

 

 

--Jaffe, A. B., M. Trajtenberg, et al. (1993). "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations." Quarterly Journal of Economics 108(3): 577-98.

 

 

--NBER Patent Database: http://www.nber.org/patents/

 

 

18

Mar-10

Employment and Labor Market Assessments and Projections

*In-class assignment

 

 

Reading:

--Review BLS Occupational Employment Statistics site - especially the overview

 

 

--Goetz, Stephan J. “Migration and Local Labor Markets”, in Scott Loveridge, ed., The Web-Book of Regional Science, published by the Regional Research Institute, Morgantown, WV, 1999, Chapters 1, 2.

 

 

Additional Resources

 

 

--Gauging Metropolitan “High-Tech” and “I-Tech” Activity, Chapple K.; Markusen A.; Schrock G.; Yamamoto D.; Yu P., Economic Development Quarterly, February 2004, vol. 18, iss. 1, pp. 10-29(20). (Related publications also in the February 2004 issue)

 

 

 

19

Mar-15

Creativity and Economic Development

*In-class assignment

 

 

Reading:

 

 

--Florida, Richard, 2002. The Rise of the Creative Class. New York, Basic Books., Appendix, pp. 327-352.

 

 

--Review announcement of Visa's Innovation Index 

Additional Resources
--Florida, Richard. 2000. “The Economic Geography of Talent,” Working Paper. Pittsburgh: Carnegie-Mellon University. [PDF]

20

Mar-17

Special topics in economic development research: using lifestyle clusters

 

 

Guest practitioner: Ann O'Neill, Director, Tourism and Regional Assistance Center, Economic Development Institute, Georgia Tech Presentation.

Spring Break, March 21-25, Class Does Not Meet

21

Mar-29

Knowledge-Based Midsized City Presentations: Group 1 and 2

 

 

 

22 Mar-31 Knowledge-Based Midsized City Presentations: Group 3 and 4

 

 

23

Apr-5

Cluster Analysis

 

 

Reading:

 

 

--Edward M. Bergman and Edward J. Feser, Industrial and Regional Clusters: Concepts and Comparative Applications

 

 

--Porter, M. (2001) Clusters of Innovation National Report Presentation. [PDF]

 

 

--Porter, M. (2001) Clusters of Innovation Atlanta Clusters Report Executive Summary. [PDF]

 

 

--Yamacraw Cluster Study: http://drummond.gatech.edu/cluster/

 

 

Additional Reading

 

 

--Articles from Feb 2000 Economic Dev Quarterly Special Issue.

 

 

--Review EDA Web site on Cluster-based Economic Development

 

 

--Rosenfeld, Stuart (2002). Just Clusters: Economic Development Strategies that Reach More People and Places, Chapel Hill, NC: Regional Technology Strategies. [PDF]

 

 

 

24

Apr-7

Enterprise Assessment and Technology Capability at the Regional Level

 

 

Reading:

 

 

--Youtie, J., P. Shapira, and J. David Roessner (1995) Manufacturing Assistance Program Needs Assessment Guide, Volume 1: Regional Needs Assessment Approaches, Aspen Institute, Washington, DC.

 

 

--Georgia Manufacturing Survey - read one of the survey reports (1994, 1996, 1999, 2002)
http://www.cherry.gatech.edu/survey

 

 

 Additional Resources

--Multimedia presentations: (1) Dan Luria - Benchmarking US manufacturing performance; (2) Maryellen Kelly, Determinants of Technology Use by Small and Medium-sized Firms. [RealOne Player required - free download]

25

Apr-12

Evaluating Economic Development

 

 

Reading:

 

 

--Bartik, Timothy. Better Evaluation Is Needed for Economic Development Programs to Thrive. Economic Development Quarterly, May 1994, 8(2), p. 99.

 

 

--Giloth, Robert P. Stalking Local Economic Development Benefits: A Review of Evaluation Issues. Economic Development Quarterly, February 1992, 6(1), p. 80.

 

 

--Shapira, P. and J. Youtie, Georgia Manufacturing Extension Alliance: Overview of the Evaluation Plan.

 

 

--Youtie, J., B. Bozeman, and P. Shapira, (1997) Assessing Methods For Evaluating State Technology Development Programs: Recommendations For The Georgia Research Alliance. Presented at Annual Meeting, Technology Transfer Society, Denver, CO.

 26

 Apr-14

Final Project Preparation (class does not meet) 

27

Apr-19

Evaluating Economic Development

 

 

Guest Practitioner: Susan Hart Ridley, Division Director, Policy Planning and Technical Support, Office of Planning and Budget, State of Georgia

 

 

 

28 Apr-21 Class Presentations

29

Apr-26

Class Presentations

 

 

 

30

Apr-28

Review