Local Economic Assessment Package

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LEAP Model
Developer(s) Economic Development Research Group
Operating system Web-based, independent of user operating system
Type Economic evaluation
Website LEAP Model

The Local Economic Assessment Package (also known as “EDR-LEAP” or “LEAP Model”) is a web-based, interactive database and software tool used by local and regional agencies in the US to improve strategies for economic development. It provides local economic performance measures, and benchmarks for comparison of economic development factors against competing regions. It works by incorporating elements of economic base analysis as well as gap analysis and business cluster analysis to identify needs for improvement and paths for economic growth.

The LEAP Model was originally developed for the Appalachian Regional Commission.[1] Its theory and applications are discussed in peer-reviewed journal articles. [2] [3]

References

  1. "ARC-LEAP User Instructions for the Appalachian Regional Commission's Local Economic Assessment Package". Appalachian Regional Commission website, written by Economic Development Research Group, Inc.. http://www.arc.gov/index.do?nodeId=2200. Retrieved 2008-11-07. 
  2. New Tools for Economic Development Targeting, by Piercy, B., and Weisbrod, G., Economic Development Journal, International Economic Development Council, Fall 2007
  3. Economic Development Targeting: Laying a Sound Foundation for Your Strategy Plan, by Petraglia, L., Economic Development America, US Economic Development Administration, Fall 2006

External links

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