Sources of Metropolitan Growth

by Mills, Edwin S.; McDonald, John F.

• ISBN13: 9780882851358
• ISBN10: 0882851357
• Format: Hardcover
• Copyright: 1992-02-01
• Publisher: Rutgers Univ Center for Urban

Summary

The factors that determine growth at the industry level are different for innovative versus mature industries. Growth industries rely on high-quality workers, access to capital, technical change, and numerous forms of collected economies. Mature industries concentrate on low-input costs and minimizing costs for wages, transportation, taxes, material, etc. This approach is adopted here to consider the growth and development of metropolitan economies. In twelve chapters, eminent scholars provide a complete review of what works-and what doesn't-in generating economic development. What are the potential and the reality of producer services, suburban business centers, enterprise zones, technology-based ventures, and industrial incubators? How can economic development policy improve the incubator effect? Is there a nationwide venture capital network? What are the locational requirements of firms in high-growth industries? Finally, what are the consequences of failed growth? This comprehensive collection includes chapters by Edwin S. Mills; Patricia E. Beeson; Mark A. Satterthwaite; Breandán Ó Huallacháin; John F. McDonald; William B. Beyers; Truman A. Hartshorn; Peter O. Muller; Rodney A. Erickson; Richard Florida; Donald F. Smith, Jr.; Claudia Bird Schoonhoven; Kathleen M. Eisenhardt; Stephen Nord; Robert G. Sheets; and Thomas R. Hammer. This workis a must read for policymakers, planners, analysts, and students.

Table of Contents

Foreword
Acknowledgments
Editors' Introduction
Contributors
Theories of Metropolitan Growth and Development
Sectoral Clustering and Metropolitan Development	p. 3
Agglomeration Economies and Productivity Growth	p. 19
Empirical Analysis of Metropolitan Growth
High-Growth Industries and Uneven Metropolitan Growth	p. 39
Economic Structure and Growth of Metropolitan Areas	p. 51
Assessing the Development Status of Metropolitan Areas	p. 86
Empirical Analysis of Key Sectors
Producer Services and Metropolitan Growth and Development	p. 125
The Suburban Downtown and Urban Economic Development Today	p. 147
Policy and Metropolitan Economic Development
Enterprise Zones: Lessons from the State Government Experience	p. 161
Venture Capital's Role in Economic Development: An Empirical Analysis	p. 183
Regions as Industrial Incubators of Technology-based Ventures	p. 210
Economic Change and Urban Social Problems
Service Industries and the Working Poor in Major Metropolitan Areas in the United States	p. 255
Economic Determinants of Underclass Behavior	p. 279
Reviewers	p. 307
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