Skip to main content

Understanding Your Regional Economy — The Economic Base Theory

  • Chapter
Research Methods in Urban and Regional Planning

Abstract

Imagine that a car manufacturer is planning to build a car distribution center in the greater Cincinnati metropolitan region. Strategically, this would be a good choice for the car manufacturer, given that Interstate Highway 75 (1-75) is the main artery of the national car industry and Ohio lies in the midst of it. Economically, this would be great for the region, in that it would provide jobs and income for its workforce and new activities for regional businesses to supply the car manufacturer with goods and services.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 169.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Bendavid-Val, Avrom. 1991. Regional and Local Economic Analysis for Practitioners, 4th ed. Westport, CT: Praeger Publishers.

    Google Scholar 

  • Blair, J. and R. 2000. Economic Analysis in Practice of Local Government Planning. Washington DC: International City Managers Association.

    Google Scholar 

  • Blakely, Edward J. 1994. Planning Local Economic Development. Thousand Oaks, CA: Sage Publications.

    Google Scholar 

  • Casier, S.D. 1989. A theoretical context for shift and share analysis. Journal of Regional Science, 18:463–469.

    Google Scholar 

  • Cortright, Joseph and Andrew Reamer. 1998. Socioeconomic Data for Understanding your Regional Economy. Washington, DC: Economic Development Administration, U.S. Department of Commerce.

    Google Scholar 

  • De la Court, Pieter. 1659. ’t Welvaren der Stadt Leiden. Available online at: http://www. childandfamilystudies.leidenuniv.nl/index.php3?c = 268.

    Google Scholar 

  • Delier, S. and M. Shields. 1998. Economic impact modeling as a tool for community economic development. Paper prepared for presentation at the Presidential Symposium, Mid-Continent Regional Science Association Meetings, Rockford, IL (June 4–6).

    Google Scholar 

  • Farness, Donald. 1989. Detecting the economic base: new challenges. International Regional Science Review, 12(3): 319–328.

    Article  Google Scholar 

  • Fothergill, S. and G. Gudgin. 1979. In defense of shift-share analysis. Regional and Urban Economics, 12: 249–255.

    Google Scholar 

  • Gibson, Lay James. 1997. Using economic base analysis to solve development planning problems. Applied Geographic Studies. 1(3): 169–186.

    Article  Google Scholar 

  • Hoyt, Homer and Arthur M. Weimer. 1948. Principles of Urban Real Estate. New York: The Ronald Press Company.

    Google Scholar 

  • Isard, Walter. 1960. Methods of Regional Analysis; an Introduction to Regional Science. Cambridge, MA: MIT Press.

    Google Scholar 

  • Isard, W. and S. Czamanski. 1965. Techniques for estimating local and regional multiplier effects of changes in the level of major government programs. Papers (Peace Research Society International), III: 19–45.

    Google Scholar 

  • Isserman, A. M. 2000. Economic Base Studies for Urban and Regional Planning in the Profession of City Planning: Changes, Images, and Challenges, 1950–2000. New Brunswick, NJ: Center for Urban Policy Research.

    Google Scholar 

  • Keynes, John M. 1936. The General Theory of Employment, Interest and Money. Macmillan: Cambridge University Press. For Royal Economics Society.

    Google Scholar 

  • Klosterman, Richard E. 1990. Community Analysis and Planning Techniques. Savage, MD: Rowman & Littlefield Publishers, Inc.

    Google Scholar 

  • Koven, Steven G. and Thomas S. Lyons. 2003. Economic Development: Strategies for State and Local Practice. Washington, DC: International City/County Management Association (ICMA).

    Google Scholar 

  • Krikelas, Andrew C. 1992. Why regions grow: a review of research on the economic base model. Federal Reserve Bank of Atlanta Economic Review, 77(4): 16–29.

    Google Scholar 

  • Krumme, Guenther. 1968. Werner Sombart and the economic base concept. Land Economics, 44(1): 112–116.

    Article  Google Scholar 

  • Krumme, Guenther. 2001. Website on economic base theory and analysis. Available online at http://faculty.washington.edu/krumme/350/econbase.html.

    Google Scholar 

  • Lichty, R. and K. Knudsen. 1999. Measuring regional economic base. Economic Development Review, 47–52.

    Google Scholar 

  • Maki, Wilbur R. and Richard W. Lichty. 2000. Urban Regional Economics: Concepts, Tools, Applications. Ames, IA: Iowa State University Press.

    Google Scholar 

  • Mayers, Dowell 1992. Analysis with Local Census Data—Portraits of Change. San Diego, CA: Academic Press Inc.

    Google Scholar 

  • McClean, Mary L. and Kenneth P. Voytek. 1992. Understanding Your Economy: Using Analysis to Guide Local Strategic Planning. Chicago, MI: Planners Press.

    Google Scholar 

  • Nussbaum, Frederick L. 1933. A History of the Economic Institutions of Modern Europe. New York, NY: F.S. Crofts & Co.. 2002/2001 reprint available from Beard Books.

    Google Scholar 

  • Reed, Christine M., B.J. Reed and Jeffrey S. Luke. 1987. Assessing readiness for economic development strategic planning, Journal of the American Planning Association, 53(4): 521–530.

    Article  Google Scholar 

  • Richardson, Harry W. 1985. Input-output and economic base multipliers: looking backward and forward. Journal of Regional Science, 25(4): 607–661.

    Article  Google Scholar 

  • Schaffer, William A. 1999. Regional impact models. In: The Web Book of Regional Science. Available online at http://www.rri.wvu.edu/WebBook/Schaffer/index.html.

    Google Scholar 

  • Sombart, Werner. 1927. Der Moderne Kapitalismus. 3 Volumes, Verlag von Duncker & Humblot München, Germany.

    Google Scholar 

  • Tiebout, Charles. 1962. The Community Economic Base Study. Supplementary Paper No. 16, New York, NY: The Committee for Economic Development.

    Google Scholar 

  • Ullman, Edward and Michael Dacey. 1960. The Minimum Requirements Approach to the Urban Economic Base, Papers and Proceedings, Regional Science Association 6: 175–194.

    Google Scholar 

Download references

Rights and permissions

Reprints and permissions

Copyright information

© 2007 Tsinghua University Press, Beijing and Springer-Verlag GmbH Berlin Heidelberg

About this chapter

Cite this chapter

(2007). Understanding Your Regional Economy — The Economic Base Theory. In: Research Methods in Urban and Regional Planning. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-49658-8_4

Download citation

Publish with us

Policies and ethics