Handbook of Regional Growth and Development Theories by Roberta Capello, Peter Nijkamp

By Roberta Capello, Peter Nijkamp

Nearby economics - a longtime self-discipline for numerous a long time - has passed through a swift velocity of swap long ago decade and several other new views have emerged. whilst the technique has proven superb improvement. This quantity brings jointly contributions new pathways in local economics, written via many famous overseas students. the main complex theories, dimension tools and coverage concerns in nearby development are given in-depth remedy.

The concentration this is to assemble state-of-the-art theories explaining nearby development and native improvement. The authors spotlight the hot advances in theories, the normative possibilities of those theories and the cross-fertilization of principles between neighborhood economists and mainstream economists. Theories of nearby development and improvement must be capable of interpret, greater than ever, the way areas in attaining a task within the foreign department of labour and, extra importantly, the way areas can keep this position over the years. themes lined comprise: neighborhood progress and improvement guidelines and size equipment; improvement theories of innovation, wisdom and house, and neighborhood construction elements; and progress theories and area.

This e-book could be a resource of reference and knowledge for either students and scholars within the zone of nearby economics.

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Kubo, Y. (1995), ‘Scale economies, regional externalities and the possibility of uneven regional development’, Journal of Regional Science, 35, 29–42. M. (1960), One Tenth of a Nation, Cambridge, MA: Harvard University Press. Lösch, A. (1954), The Economics of Location, New Haven, CT: Yale University Press; originally published in German in 1939. E. (1988), ‘On the mechanics of economic development’, Journal of Monetary Economics, 22, 3–42. E. (1993), ‘Making a miracle’, Econometrica, 61, 251–72.

Therefore, spreading risk over unrelated sectors is likely to be preferred from the viewpoint of a portfolio strategy. However, one should take into account the possible benefits from related diversification as well. Analogous to economies of scope at the firm level, one expects knowledge spillovers within the region to occur primarily among related sectors, and only to a limited extent among unrelated sectors. , 2007). 22 Handbook of regional growth and development theories Secondly, as we will see shortly, technological development and the diffusion of knowledge and innovation are regarded as central to the modern concept of regional growth.

Jacobs, J. (1969), The Economy of Cities, New York: Vintage. , M. Trajtenberg and R. Henderson (1993), ‘Geographic localization of knowledge spillovers as evidenced by patent citations’, Quarterly Journal of Economics, 36, 577–98. L. and C. Shapiro (1985), ‘Network externalities, competition and compatibility’, American Economic Review, 75, 424–40. Kim, S. (1987), ‘Diversity in urban labor markets and agglomeration economies’, Papers of the Regional Science Association, 62, 57–70. R. (1991), ‘Increasing returns and economic geography’, Journal of Political Economy, 99, 483–99.

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