Impact of economic development : a community's guide to understanding the impact of a newly located business

Authors
South Carolina Department of Commerce, Division of Research
Keywords
Economic development--South Carolina , Industrial location--South Carolina , Community development--South Carolina
Abstract
Understanding the effects of development is essential to analyzing projects and making wise development decisions. The process of evaluating the effect development projects will have on state and local communities is called impact analysis. Two types of impact analysis exist -- fiscal and economic.This paper will explain fiscal and economic impact analyses, including the differences between the two. It will then outline considerations to be used in employing each of the methods to gauge new economic development. Most importantly, it will stress the need to utilize each as a single tool among many in making informed, comprehensive development decisions.
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Issue Date
2009-03
Contributor
Date Accessioned
2018-10-30T19:37:09Z
Date Available
2018-10-30T19:37:09Z
Item Format
application/pdf
Media Type
Document
Item Language
English
Publisher
South Carolina State Library
Digital Collection
South Carolina State Documents Depository
Rights
Copyright status undetermined. For more information contact, South Carolina State Library, 1500 Senate Street, Columbia, South Carolina 29201.
Type
Text
Digitization Specifications
This South Carolina State Document was either saved from a document available publicly online in PDF format or converted to PDF using Adobe Acrobat DC.