THE APPLICATION AND BARGAINING OF PERFORMANCE AGREEMENTS FOR LOCAL ECONOMIC DEVELOPMENT

다국어 초록 (Multilingual Abstract)

This paper explores which factors influence the degree to which cities apply performance agreements to constrain economic development incentives. By integrating the political bargaining and network approaches, insight is gained into how political bargaining based on networks can be applied to performance agreements and thus what factors influence their application. Development resources, circumstantial conditions, and organizational networks are hypothesized to influence performance agreements. The results confirm that development resources (such as physical resources, expertise and experience, size of businesses) dominantly influence the level of performance agreement application. However, this study finds that the priority of economic development in circumstantial conditions is also important to promote performance agreements.

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