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Regional Economics in its Fifties: Recent Theoretical Directions and Future Challenges

Author

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  • Capello, Roberta

    (Politecnico di Milano)

Abstract

Regional Economics has just entered in its fifties. It is a young discipline compared to other branches of Economics, yet much work has been done in this field. A vast and rich number of theoretical and methodological approaches exist nowadays to incorporate space into logical schemes, laws and models which regulate and interpret the formation of prices, demand, productive capacity, levels of output and development, growth rates and the distribution of income in conditions of unequal regional endowments of resources. This contribution provides the state of the art in Regional Economics with the aim to highlight the scientific achievements obtained so far and the theoretical and methodological gaps which still need to be filled out. Aspects that run counter to general beliefs emerge by reading the original contributions of well-known theoreticians, and will be presented. Future challenges will emerge from a critical approach to the milestones achieved so far.

Suggested Citation

  • Capello, Roberta, 2006. "Regional Economics in its Fifties: Recent Theoretical Directions and Future Challenges," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 9, pages 169-192.
    • Handle: RePEc:ris:invreg:0150
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    Cited by:

    1. Belmartino, Andrea, 2016. "Diversidad industrial en las provincias argentinas y factores económicos asociados (1996-2012)," Nülan. Deposited Documents 2604, Universidad Nacional de Mar del Plata, Facultad de Ciencias Económicas y Sociales, Centro de Documentación.

    More about this item

    Keywords

    Regional economics; space and growth; theoretical directions;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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