Local Economic Development: In the Pursuit of Public Interest or Public Choice?

Abstract

Communities face a fundamental choice in how they evaluate any potential benefits accruing from economic development. This paper develops a decision-making framework using two approaches borrowed from the public welfare and public finance literature. The Public Interest approach illustrates how a community may incorporate distributional equity concerns into… (More)

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Cite this paper

@inproceedings{Chalmers2006LocalED, title={Local Economic Development: In the Pursuit of Public Interest or Public Choice?}, author={Katherine Chalmers and Stephan Weiler}, year={2006} }