Author: Ann Markusen
Publisher:
ISBN: 9780262512206
Category :
Languages : en
Pages : 0
Book Description
This book develops a theory that radically reconceptualizes the economic forces producing regional change and tests it empirically for a set of fifteen sectors in the U.S. It offers a pioneering approach which should enable planners and managers to better cope with baffling changes in the current economic viability of regions. The dramatic shifts in heartland regional economies in the U.S. and other advanced industrial countries have thrown into question the ability of capitalist development to produce permanent growth, economic well being, and balanced regional development. This book develops a theory that radically reconceptualizes the economic forces producing regional change and tests it empirically for a set of fifteen sectors in the U.S. It offers a pioneering approach which should enable planners and managers to better cope with baffling changes in the current economic viability of regions. Traditional theories of regional development have failed to account for innovation and longrun structural change. They have ignored the role of corporate strategy and the existence of market power. Markusen's profit-cycle theory provides a key to understanding how, why, and when a region's leading industries undergo major changes. The theory is synthetic, building upon Schumpeterian and Marxist work on innovation and capitalist dynamics, upon the product cycle theories of business economists, and upon theories of oligopolistic behavior. Markusen argues that changing sources of profitability along an industry's evolutionary path will first concentrate and later disperse production geographically, setting in motion a methodically destabilizing process for regional economies. The profit-cycle theory is tested in depth against the steel sector's experience over a century, and against the experiences of sectors in different stages of development, ranging from innovative ones like semiconductors and computers, to mature and troubled sectors like automobiles, textiles, and lumber. The temporal and crosssectional data drawn from the census of manufactures support the theory and its spatial hypotheses. In a final chapter Markusen explores the implications of the research for regional development.
Profit Cycles, Oligopoly, and Regional Development
Author: Ann Markusen
Publisher:
ISBN: 9780262512206
Category :
Languages : en
Pages : 0
Book Description
This book develops a theory that radically reconceptualizes the economic forces producing regional change and tests it empirically for a set of fifteen sectors in the U.S. It offers a pioneering approach which should enable planners and managers to better cope with baffling changes in the current economic viability of regions. The dramatic shifts in heartland regional economies in the U.S. and other advanced industrial countries have thrown into question the ability of capitalist development to produce permanent growth, economic well being, and balanced regional development. This book develops a theory that radically reconceptualizes the economic forces producing regional change and tests it empirically for a set of fifteen sectors in the U.S. It offers a pioneering approach which should enable planners and managers to better cope with baffling changes in the current economic viability of regions. Traditional theories of regional development have failed to account for innovation and longrun structural change. They have ignored the role of corporate strategy and the existence of market power. Markusen's profit-cycle theory provides a key to understanding how, why, and when a region's leading industries undergo major changes. The theory is synthetic, building upon Schumpeterian and Marxist work on innovation and capitalist dynamics, upon the product cycle theories of business economists, and upon theories of oligopolistic behavior. Markusen argues that changing sources of profitability along an industry's evolutionary path will first concentrate and later disperse production geographically, setting in motion a methodically destabilizing process for regional economies. The profit-cycle theory is tested in depth against the steel sector's experience over a century, and against the experiences of sectors in different stages of development, ranging from innovative ones like semiconductors and computers, to mature and troubled sectors like automobiles, textiles, and lumber. The temporal and crosssectional data drawn from the census of manufactures support the theory and its spatial hypotheses. In a final chapter Markusen explores the implications of the research for regional development.
Publisher:
ISBN: 9780262512206
Category :
Languages : en
Pages : 0
Book Description
This book develops a theory that radically reconceptualizes the economic forces producing regional change and tests it empirically for a set of fifteen sectors in the U.S. It offers a pioneering approach which should enable planners and managers to better cope with baffling changes in the current economic viability of regions. The dramatic shifts in heartland regional economies in the U.S. and other advanced industrial countries have thrown into question the ability of capitalist development to produce permanent growth, economic well being, and balanced regional development. This book develops a theory that radically reconceptualizes the economic forces producing regional change and tests it empirically for a set of fifteen sectors in the U.S. It offers a pioneering approach which should enable planners and managers to better cope with baffling changes in the current economic viability of regions. Traditional theories of regional development have failed to account for innovation and longrun structural change. They have ignored the role of corporate strategy and the existence of market power. Markusen's profit-cycle theory provides a key to understanding how, why, and when a region's leading industries undergo major changes. The theory is synthetic, building upon Schumpeterian and Marxist work on innovation and capitalist dynamics, upon the product cycle theories of business economists, and upon theories of oligopolistic behavior. Markusen argues that changing sources of profitability along an industry's evolutionary path will first concentrate and later disperse production geographically, setting in motion a methodically destabilizing process for regional economies. The profit-cycle theory is tested in depth against the steel sector's experience over a century, and against the experiences of sectors in different stages of development, ranging from innovative ones like semiconductors and computers, to mature and troubled sectors like automobiles, textiles, and lumber. The temporal and crosssectional data drawn from the census of manufactures support the theory and its spatial hypotheses. In a final chapter Markusen explores the implications of the research for regional development.
Dynamics of Regional Growth in Europe
Author: Andres Rodriguez-Pose
Publisher: Clarendon Press
ISBN: 0191583898
Category : Political Science
Languages : en
Pages : 282
Book Description
In a period of deep economic, social, and political transformation, regional disparities seem to be particularly resistant to change. The emergence of a global economy, the shift in production methods, and the greater mobility of capital, labour, and raw materials have not brought about a radical reshuffling of the prevailing regional disparities. There is a greater concentration of economic activity in core areas and very few peripheral regions are taking advantage of the process of global restructuring. The Dynamics of Regional Growth in Europe looks for the reasons behind this persistence in the social, political, and institutional arrangements of a large set of European regions, by trying to relate two scientific approaches concerned with regional economic performance, which share very little in common: the literature on socio-economic restructuring and structural change, and neoclassical and endogenous growth theories. OXFORD GEOGRAPHICAL AND ENVIRONMENTAL STUDIES AIMS TO PUBLISH THE BEST ORIGINAL RESEARCH STUDIES IN THE RELATED FIELDS OF GEOGRAPHY AND ENVIRONMENTAL STUDIES. IT'S SCOPE IS INTERNATIONAL, PRESENTING A BROAD AND DIVERSE RANGE OF SCHOLARLY APPROACHES FROM ACROSS THE WORLD. SERIES EDITORS: GORDON CLARK, ANDREW GOUDIE, AND CERI PEACH
Publisher: Clarendon Press
ISBN: 0191583898
Category : Political Science
Languages : en
Pages : 282
Book Description
In a period of deep economic, social, and political transformation, regional disparities seem to be particularly resistant to change. The emergence of a global economy, the shift in production methods, and the greater mobility of capital, labour, and raw materials have not brought about a radical reshuffling of the prevailing regional disparities. There is a greater concentration of economic activity in core areas and very few peripheral regions are taking advantage of the process of global restructuring. The Dynamics of Regional Growth in Europe looks for the reasons behind this persistence in the social, political, and institutional arrangements of a large set of European regions, by trying to relate two scientific approaches concerned with regional economic performance, which share very little in common: the literature on socio-economic restructuring and structural change, and neoclassical and endogenous growth theories. OXFORD GEOGRAPHICAL AND ENVIRONMENTAL STUDIES AIMS TO PUBLISH THE BEST ORIGINAL RESEARCH STUDIES IN THE RELATED FIELDS OF GEOGRAPHY AND ENVIRONMENTAL STUDIES. IT'S SCOPE IS INTERNATIONAL, PRESENTING A BROAD AND DIVERSE RANGE OF SCHOLARLY APPROACHES FROM ACROSS THE WORLD. SERIES EDITORS: GORDON CLARK, ANDREW GOUDIE, AND CERI PEACH
Theories of Endogenous Regional Growth
Author: Börje Johansson
Publisher: Springer Science & Business Media
ISBN: 3642595707
Category : Business & Economics
Languages : en
Pages : 431
Book Description
During the last two decades a new growth theory has emerged - often labelled "endogenous economic growth". The contributions in the book develop these advances into a theoretical framework for endogenous regional economic growth and explain the implications for regional economic policies in the perspective of the new century. Endogenous growth models can reflect increasing returns and hence refer more adequately to empirical observations than earlier models, and the models become policy relevant, because in endogenous growth models policy matters. Such policies comprise efforts to stimulate the growth of knowledge intensity of the labour supply and knowledge production in the form of R&D.
Publisher: Springer Science & Business Media
ISBN: 3642595707
Category : Business & Economics
Languages : en
Pages : 431
Book Description
During the last two decades a new growth theory has emerged - often labelled "endogenous economic growth". The contributions in the book develop these advances into a theoretical framework for endogenous regional economic growth and explain the implications for regional economic policies in the perspective of the new century. Endogenous growth models can reflect increasing returns and hence refer more adequately to empirical observations than earlier models, and the models become policy relevant, because in endogenous growth models policy matters. Such policies comprise efforts to stimulate the growth of knowledge intensity of the labour supply and knowledge production in the form of R&D.
Local and Regional Development
Author: Andy Pike
Publisher: Routledge
ISBN: 1134248547
Category : Science
Languages : en
Pages : 328
Book Description
Local and regional development is an increasingly global issue. For localities and regions, the challenge of enhancing prosperity, improving wellbeing and increasing living standards has become acute for localities and regions formerly considered discrete parts of the ‘developed’ and ‘developing’ worlds. Amid concern over the definitions and sustainability of ‘development’, a spectre has emerged of deepened unevenness and sharpened inequalities in the development prospects for particular social groups and territories. Local and Regional Development engages and addresses the key questions: what are the principles and values that shape definitions and strategies of local and regional development? What are the conceptual and theoretical frameworks capable of understanding and interpreting local and regional development? What are the main policy interventions and instruments? How do localities and regions attempt to effect development in practice? What kinds of local and regional development should we be pursuing? This book addresses the fundamental issues of ‘what kind of local and regional development and for whom?’, frameworks of understanding, and instruments and policies. It outlines what a holistic, progressive and sustainable local and regional development might constitute before reflecting on its limits and political renewal. With the growing international importance of local and regional development, this book is an essential student purchase, illustrated throughout with maps, figures and case studies from Asia, Europe, and Central and North America.
Publisher: Routledge
ISBN: 1134248547
Category : Science
Languages : en
Pages : 328
Book Description
Local and regional development is an increasingly global issue. For localities and regions, the challenge of enhancing prosperity, improving wellbeing and increasing living standards has become acute for localities and regions formerly considered discrete parts of the ‘developed’ and ‘developing’ worlds. Amid concern over the definitions and sustainability of ‘development’, a spectre has emerged of deepened unevenness and sharpened inequalities in the development prospects for particular social groups and territories. Local and Regional Development engages and addresses the key questions: what are the principles and values that shape definitions and strategies of local and regional development? What are the conceptual and theoretical frameworks capable of understanding and interpreting local and regional development? What are the main policy interventions and instruments? How do localities and regions attempt to effect development in practice? What kinds of local and regional development should we be pursuing? This book addresses the fundamental issues of ‘what kind of local and regional development and for whom?’, frameworks of understanding, and instruments and policies. It outlines what a holistic, progressive and sustainable local and regional development might constitute before reflecting on its limits and political renewal. With the growing international importance of local and regional development, this book is an essential student purchase, illustrated throughout with maps, figures and case studies from Asia, Europe, and Central and North America.
Regional Development and Decentralization Policy in South Korea
Author: Ludwig Schätzl
Publisher: Institute of Southeast Asian
ISBN: 9813055480
Category : Business & Economics
Languages : en
Pages : 346
Book Description
This book investigates the interdependent relations between economic development, regional development, and spatial economic policy in newly industrialized countries, using South Korea as a case study. The analysis concentrates on three aspects: (a) long-term economic restructuring starting with labour-intensive production, followed by capital-intensive and, finally, human-capital and technology-intensive production; (b) the effects of the economic transformation process on regional development; and (c) the significance of spatial economic policy for sectoral and regional economic restructuring.
Publisher: Institute of Southeast Asian
ISBN: 9813055480
Category : Business & Economics
Languages : en
Pages : 346
Book Description
This book investigates the interdependent relations between economic development, regional development, and spatial economic policy in newly industrialized countries, using South Korea as a case study. The analysis concentrates on three aspects: (a) long-term economic restructuring starting with labour-intensive production, followed by capital-intensive and, finally, human-capital and technology-intensive production; (b) the effects of the economic transformation process on regional development; and (c) the significance of spatial economic policy for sectoral and regional economic restructuring.
Economic Adaptation
Author: David L Barkley
Publisher: Routledge
ISBN: 0429715781
Category : Business & Economics
Languages : en
Pages : 303
Book Description
This volume focuses on alternatives for non-metropolitan economic development in the new international economic climate. It provides critical reviews of popular employment-generation alternatives for rural areas.
Publisher: Routledge
ISBN: 0429715781
Category : Business & Economics
Languages : en
Pages : 303
Book Description
This volume focuses on alternatives for non-metropolitan economic development in the new international economic climate. It provides critical reviews of popular employment-generation alternatives for rural areas.
Broadening Our Knowledge on Cluster Evolution
Author: Dirk Fornahl
Publisher: Routledge
ISBN: 1317213688
Category : Business & Economics
Languages : en
Pages : 238
Book Description
Although clusters are regarded as important elements in economic development, the strong focus in the literature on the way clusters function is contrasted with a disregard for their evolutionary development: how clusters actually become clusters, how and why they decline, and how they shift into new fields and transform over time. Although recently new cluster life cycle approaches emerged, both empirical evidence and theoretical contributions on this topic are still limited. This book therefore contributes to broadening our knowledge on the life cycle and evolution of clusters both empirically and theoretically. It contains chapters on inter-firm relations as drivers of cluster transformation, as well as chapters on the heterogeneity of firms and firm capabilities during cluster evolution and on the role of institutions in stimulating the emergence and growth of clusters. Case-studies stem from different industries and technologies, such as biogas, film and television, new media and medical technologies, and from different countries, such as Sweden, Austria, Switzerland and South Korea. All chapters underline that cluster evolution does not only depend on internal dynamics, but that external relations are an integral part of cluster dynamics. This book was previously published as a special issue of European Planning Studies.
Publisher: Routledge
ISBN: 1317213688
Category : Business & Economics
Languages : en
Pages : 238
Book Description
Although clusters are regarded as important elements in economic development, the strong focus in the literature on the way clusters function is contrasted with a disregard for their evolutionary development: how clusters actually become clusters, how and why they decline, and how they shift into new fields and transform over time. Although recently new cluster life cycle approaches emerged, both empirical evidence and theoretical contributions on this topic are still limited. This book therefore contributes to broadening our knowledge on the life cycle and evolution of clusters both empirically and theoretically. It contains chapters on inter-firm relations as drivers of cluster transformation, as well as chapters on the heterogeneity of firms and firm capabilities during cluster evolution and on the role of institutions in stimulating the emergence and growth of clusters. Case-studies stem from different industries and technologies, such as biogas, film and television, new media and medical technologies, and from different countries, such as Sweden, Austria, Switzerland and South Korea. All chapters underline that cluster evolution does not only depend on internal dynamics, but that external relations are an integral part of cluster dynamics. This book was previously published as a special issue of European Planning Studies.
Regional and Urban Economics Parts 1 & 2
Author: Richard J. Arnott
Publisher: Routledge
ISBN: 1134352891
Category : Business & Economics
Languages : en
Pages : 680
Book Description
A collection of the first section of the "Fundamentals of Pure and Applied Economics" series, "Regional and Urban Economics: Parts One and Two" is an encyclopaedia containing eight titles: This volume highlights original contributions in regional and urban economics, concentrating mainly on urban economic theory. The contributions focus on the treatment of space in economic theory. Drawing on the body of literature developed by Von Thunen, Christaller and Losch, these chapters explore empirical, theoretical and applied aspects of urban and regional economics which can be divided into the following areas: Location Theory, "Jean Jaskold Gabszewicz, Jacques-Francois Thisse, Masahisa Fujita "and" Urs Schwiezer" Urban Public Finance, "David E. Wildasin" Urban Dynamics and Urban Externalities, "Takahiro Miyao "and" Yoshitsugu" "Kanemoto" Systems of Cities and Facility Location,
Publisher: Routledge
ISBN: 1134352891
Category : Business & Economics
Languages : en
Pages : 680
Book Description
A collection of the first section of the "Fundamentals of Pure and Applied Economics" series, "Regional and Urban Economics: Parts One and Two" is an encyclopaedia containing eight titles: This volume highlights original contributions in regional and urban economics, concentrating mainly on urban economic theory. The contributions focus on the treatment of space in economic theory. Drawing on the body of literature developed by Von Thunen, Christaller and Losch, these chapters explore empirical, theoretical and applied aspects of urban and regional economics which can be divided into the following areas: Location Theory, "Jean Jaskold Gabszewicz, Jacques-Francois Thisse, Masahisa Fujita "and" Urs Schwiezer" Urban Public Finance, "David E. Wildasin" Urban Dynamics and Urban Externalities, "Takahiro Miyao "and" Yoshitsugu" "Kanemoto" Systems of Cities and Facility Location,
Urban and Regional Economics
Author: M. Edel
Publisher: Taylor & Francis
ISBN: 113646137X
Category : Business & Economics
Languages : en
Pages : 176
Book Description
This title discusses the treatment of urban and regional issues by Marx, Engels and other early Marxists, and examines recent controversies in these areas.
Publisher: Taylor & Francis
ISBN: 113646137X
Category : Business & Economics
Languages : en
Pages : 176
Book Description
This title discusses the treatment of urban and regional issues by Marx, Engels and other early Marxists, and examines recent controversies in these areas.
Regional Economies as Knowledge Laboratories
Author: Philip N. Cooke
Publisher: Edward Elgar Publishing
ISBN: 9781845423391
Category : Business & Economics
Languages : en
Pages : 280
Book Description
Aiming to contribute to the better understanding of theories and practices associated with knowledge regions, this book will appeal to a wide ranging audience, including regional and industrial economists, innovation scientists, academics and practitioners with an interest in knowledge and management organisation, regional scientists, economic geographers, and economic sociologists.
Publisher: Edward Elgar Publishing
ISBN: 9781845423391
Category : Business & Economics
Languages : en
Pages : 280
Book Description
Aiming to contribute to the better understanding of theories and practices associated with knowledge regions, this book will appeal to a wide ranging audience, including regional and industrial economists, innovation scientists, academics and practitioners with an interest in knowledge and management organisation, regional scientists, economic geographers, and economic sociologists.