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Moving Cleveland Above the Trend: Benchmarking Regional Performance (Presentation)

Iryna V. Lendel

    Research output: Contribution to conferencePresentation

    Abstract

    About the Study

    Model for understanding and predicting economic growth in U.S. mid-sized regional economies similar to Cleveland and NEO

    Analyzed structural and policy-based factors and looked for outperformers - what can Cleveland learn about their public policies and programs?

    Used a multi-stage process collecting 43 variables associated with regional growth, including educational attainment, business composition, regional assets, and quality of life

    The mid-sized regional economies analyzed encompass 135 metro areas, and includes populations spanning from 352,823 to 3.9 million

    Used factor analysis as a data-reduction technique to identify factors influencing growth in mid-sized regional economies:

    *Innovation and Talent
    *Entrepreneurship in High Cost Areas
    *New Residential Centers
    *Retirement Destinations
    *Polarization

    Used regression analysis to determine the relationship between these factors and regional growth in employment, gross regional product (output), and per capita income

    Original languageAmerican English
    StatePublished - Sep 25 2020

    Keywords

    • economic development
    • economic analysis of cities and regions
    • economic development strategy and policy

    Disciplines

    • Urban Studies and Planning

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