Economic Development
Links:
Economic Development Administration - The EDA was established under the Public Works and Economic Development Act of 1965 (42 U.S.C. § 3121), as amended, to generate jobs, help retain existing jobs, and stimulate industrial and commercial growth in economically distressed areas of the United States. EDA assistance is available to rural and urban areas of the Nation experiencing high unemployment, low income, or other severe economic distress. Its mission is to lead the federal economic development agenda by promoting innovation and competitiveness, preparing American regions for growth and success in the worldwide economy.
Massachusetts Association of Community Development Corporations (MACDC) - The Massachusetts Association of Community Development Corporations (MACDC) is the policy and capacity-building arm of the community development movement in Massachusetts. The work of MACDC generally falls into one of the following categories: advocating and organizing for public and private sector support, developing resources for the field, leading learning initiatives and capacity building programs for our members, and educating policy makers, the media and the general public about the contributions being made by CDCs across the state.
Massachusetts Executive Office of Housing and Economic Development - The mission of EOHED is the creation of Homes and Jobs in the Commonwealth. Departments include: Department of Housing and Community Development, Department of Business Development, Office of Consumer Affairs and Business Regulation, Massachusetts Permit Regulatory Office.
Massachusetts Institute for Social and Economic Research - The Massachusetts Institute for Social and Economic Research (MISER) is an interdisciplinary research institute of the College of Social and Behavioral Sciences at the University of Massachusetts at Amherst, 128 Thompson Hall.
UMass Amherst Center for Economic Development - The Center for Economic Development is a research and community-oriented technical assistance center that is partially funded by the Economic Development Administration, U.S. Department of Commerce. The Center's role is to provide technical assistance to communities, undertake critical community based studies, disseminate information, and to enhance local and multi-community capacity for strategic planning and development.
U.S. Census Bureau - The Census Bureau serves as the leading source of quality data about the nation's people and economy.
Documents:
Identifying and Defining: Knowledge Industries and Information Technology Industries
There are no “official” definitions of Life Science, Bio-Tech, High-Tech and Knowledge Industries assigned by the federal government, the Commonwealth of Massachusetts or other organizations. The definitions of these industries may be subjective and may change over time. Most definitions of special industries groups are subjective or a result of a variety of organizations membership lists. Other definitions use a combination of qualitative & quantitative research methodologies to form a comprehensive list. The U.S. Bureau of Labor Statistics (BLS) has listed NAICS codes that identify the “High-Tech” industries in the United States, by defining “high tech” industries if employment in technology-oriented occupations account for a designated proportion of that industry’s employment. Source: Massachusetts Department of Workforce Development, Division of Career Services, Economic Analysis Office, July 2007.
Location Quotients
The location quotient is a measure that helps analysts examine the relative concentration of industry employment in a particular area relative to another larger, or base, area. For Massachusetts, the U.S. is the base area. For Workforce Areas, the state is the base area. The measures are relatively easy to calculate yet provide a potentially valuable insight into a local labor market’s industry structure, relative to the larger base area. The tables are computed using annual average private industry employment data and are published annually. Source: Massachusetts Department of Workforce Development, Division of Career Services, Economic Analysis Office, August 2007.
Measuring Economic Impacts of Projects and Programs
There is often interest in assessing the local or regional economic impacts of a project, program or policy. However, economic impacts are easily misrepresented. This primer explains the fundamental options and tradeoffs involved in selecting the right kind of techniques for assessing economic impacts, and explains how to match the appropriate methods to different kinds of applications or situations. Source: Weisbrod, G. and Weisbrod B., Economic Development Research Group, April, 1997.
Summary of Economic Development Theories
This matrix summarizing economic development theories was developed by the Economic Development Administration, US Department of Commerce in December 2003.
Economic Development Administration - The EDA was established under the Public Works and Economic Development Act of 1965 (42 U.S.C. § 3121), as amended, to generate jobs, help retain existing jobs, and stimulate industrial and commercial growth in economically distressed areas of the United States. EDA assistance is available to rural and urban areas of the Nation experiencing high unemployment, low income, or other severe economic distress. Its mission is to lead the federal economic development agenda by promoting innovation and competitiveness, preparing American regions for growth and success in the worldwide economy.
Massachusetts Association of Community Development Corporations (MACDC) - The Massachusetts Association of Community Development Corporations (MACDC) is the policy and capacity-building arm of the community development movement in Massachusetts. The work of MACDC generally falls into one of the following categories: advocating and organizing for public and private sector support, developing resources for the field, leading learning initiatives and capacity building programs for our members, and educating policy makers, the media and the general public about the contributions being made by CDCs across the state.
Massachusetts Executive Office of Housing and Economic Development - The mission of EOHED is the creation of Homes and Jobs in the Commonwealth. Departments include: Department of Housing and Community Development, Department of Business Development, Office of Consumer Affairs and Business Regulation, Massachusetts Permit Regulatory Office.
Massachusetts Institute for Social and Economic Research - The Massachusetts Institute for Social and Economic Research (MISER) is an interdisciplinary research institute of the College of Social and Behavioral Sciences at the University of Massachusetts at Amherst, 128 Thompson Hall.
UMass Amherst Center for Economic Development - The Center for Economic Development is a research and community-oriented technical assistance center that is partially funded by the Economic Development Administration, U.S. Department of Commerce. The Center's role is to provide technical assistance to communities, undertake critical community based studies, disseminate information, and to enhance local and multi-community capacity for strategic planning and development.
U.S. Census Bureau - The Census Bureau serves as the leading source of quality data about the nation's people and economy.
Documents:
Identifying and Defining: Knowledge Industries and Information Technology Industries
There are no “official” definitions of Life Science, Bio-Tech, High-Tech and Knowledge Industries assigned by the federal government, the Commonwealth of Massachusetts or other organizations. The definitions of these industries may be subjective and may change over time. Most definitions of special industries groups are subjective or a result of a variety of organizations membership lists. Other definitions use a combination of qualitative & quantitative research methodologies to form a comprehensive list. The U.S. Bureau of Labor Statistics (BLS) has listed NAICS codes that identify the “High-Tech” industries in the United States, by defining “high tech” industries if employment in technology-oriented occupations account for a designated proportion of that industry’s employment. Source: Massachusetts Department of Workforce Development, Division of Career Services, Economic Analysis Office, July 2007.
Location Quotients
The location quotient is a measure that helps analysts examine the relative concentration of industry employment in a particular area relative to another larger, or base, area. For Massachusetts, the U.S. is the base area. For Workforce Areas, the state is the base area. The measures are relatively easy to calculate yet provide a potentially valuable insight into a local labor market’s industry structure, relative to the larger base area. The tables are computed using annual average private industry employment data and are published annually. Source: Massachusetts Department of Workforce Development, Division of Career Services, Economic Analysis Office, August 2007.
Measuring Economic Impacts of Projects and Programs
There is often interest in assessing the local or regional economic impacts of a project, program or policy. However, economic impacts are easily misrepresented. This primer explains the fundamental options and tradeoffs involved in selecting the right kind of techniques for assessing economic impacts, and explains how to match the appropriate methods to different kinds of applications or situations. Source: Weisbrod, G. and Weisbrod B., Economic Development Research Group, April, 1997.
Summary of Economic Development Theories
This matrix summarizing economic development theories was developed by the Economic Development Administration, US Department of Commerce in December 2003.
Related Documents:
