Increasingly Rank: The Use and Misuse of Rankings in Economic Development

Cortright, Joseph; Mayer, Heike (2004). Increasingly Rank: The Use and Misuse of Rankings in Economic Development. Economic development quarterly, 18(1), pp. 34-43. Sage Publications 10.1177/0891242403260285

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Debates over the merits of competing schemes for ranking metropolitan areas as hightech centers shed little light on the important policy questions that should be the core of economic development policy. There are no strong theoretical reasons for preferring one ranking system to others. Rankings often conflate different industries and ignore history, obscuring the varied and often idiosyncratic processes that drive growth in different regions. Although an occupational perspective is a useful one for examining economic activity, it is a supplement to, not a replacement for, a careful understanding of metropolitan industrial specialization. Practitioners should not put too much weight on any ranking system but instead should work to develop detailed knowledge of their region’s special economic niche and to develop relationships and strategies that build on established strengths.

Item Type:

Journal Article (Original Article)

Division/Institute:

08 Faculty of Science > Institute of Geography > Human Geography > Unit Economic Geography
08 Faculty of Science > Institute of Geography

UniBE Contributor:

Mayer, Heike

Subjects:

700 Arts > 710 Landscaping & area planning
300 Social sciences, sociology & anthropology
300 Social sciences, sociology & anthropology > 330 Economics

ISSN:

0891-2424

Publisher:

Sage Publications

Language:

English

Submitter:

Claudia Baumann

Date Deposited:

24 Aug 2015 13:23

Last Modified:

24 Aug 2015 13:23

Publisher DOI:

10.1177/0891242403260285

URI:

https://boris.unibe.ch/id/eprint/71113

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