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Economic Growth and Economic Development: Concepts and Measures

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  • Emil E. Malizia

    (University of North Carolina Chapel Hill)

Abstract

Given the inconsistencies among theories used to explain economic development, the recent work by Amos (1990) and Flammang (1990 and 1979) is important. The authors synthesize alternative theories in order to pose new meta-theory or conceptual frameworks and, in so doing, advance our understanding of economic development. This author draws on their concepts and frameworks to define economic growth and economic development more clearly and to suggest face-valid measures of these concepts. With better measures of these basic concepts, alternative theories and models of economic development may be tested more rigorously.

Suggested Citation

  • Emil E. Malizia, 1990. "Economic Growth and Economic Development: Concepts and Measures," The Review of Regional Studies, Southern Regional Science Association, vol. 20(1), pages 30-36, Winter.
    • Handle: RePEc:rre:publsh:v20:y:1990:i:1:p:30-36
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    References listed on IDEAS

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    1. Orley M. Amos, Jr., 1990. "Growth Pole Cycles: A Synthesis of Growth Pole and Long Wave Theories," The Review of Regional Studies, Southern Regional Science Association, vol. 20(1), pages 37-48, Winter.
    2. Attaran, Mohsen, 1986. "Industrial Diversity and Economic Performance in U.S. Areas," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 20(2), pages 44-54, July.
    3. Flammang, Robert A, 1979. "Economic Growth and Economic Development: Counterparts or Competitors?," Economic Development and Cultural Change, University of Chicago Press, vol. 28(1), pages 47-61, October.
    4. John R. Kort, 1981. "Regional Economic Instability and Industrial Diversification in the U.S," Land Economics, University of Wisconsin Press, vol. 57(4), pages 596-608.
    5. Arndt, H W, 1981. "Economic Development: A Semantic History," Economic Development and Cultural Change, University of Chicago Press, vol. 29(3), pages 457-466, April.
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    1. Orley M. Amos, Jr., 1990. "Growth Pole Cycles: A Synthesis of Growth Pole and Long Wave Theories," The Review of Regional Studies, Southern Regional Science Association, vol. 20(1), pages 37-48, Winter.
    2. Janina Jędrzejczak-Gas & Anetta Barska & Joanna Wyrwa, 2021. "Economic Development of the European Union in the Relation of Sustainable Development—Taxonomic Analysis," Energies, MDPI, vol. 14(22), pages 1-20, November.

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