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Old Industrial Areas: A Theoretical Approach

Author

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  • Michael Steiner

    (Department of Economics at the University of Graz, Austria)

Abstract

The paper tries to put forward a hypothesis for the changing fortunes of old industrial areas. A regionalized version of the product cycle hypothesis is used as a link for various aspects of the lost dynamics of this type of region, as interpreted by different models of regional growth. It offers an endogenous explanation for the change from prosperous to 'old'. Old industrial areas are at the end of a regional 'life cycle', a stage of development that is marked by inflexibilities of the regions' supply and a lack of innovative ability. Some implications of this approach for policy implementation are considered.

Suggested Citation

  • Michael Steiner, 1985. "Old Industrial Areas: A Theoretical Approach," Urban Studies, Urban Studies Journal Limited, vol. 22(5), pages 387-398, October.
    • Handle: RePEc:sae:urbstu:v:22:y:1985:i:5:p:387-398
    DOI: 10.1080/00420988520080701
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    References listed on IDEAS

    as
    1. Kaldor, Nicholas, 1977. "Capitalism and Industrial Development: Some Lessons from Britain's Experience," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 1(2), pages 193-204, June.
    2. Raymond Vernon, 1966. "International Investment and International Trade in the Product Cycle," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 80(2), pages 190-207.
    3. Cameron, Gordon C, 1970. "Growth Areas, Growth Centres and Regional Conversion," Scottish Journal of Political Economy, Scottish Economic Society, vol. 17(1), pages 19-38, February.
    4. Vernon, Raymond, 1979. "The Product Cycle Hypothesis in a New International Environment," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 41(4), pages 255-267, November.
    5. Kaldor, Nicholas, 1970. "The Case for Regional Policies," Scottish Journal of Political Economy, Scottish Economic Society, vol. 17(3), pages 337-348, November.
    6. Yotopoulos, Pan A & Lau, Lawrence J, 1970. "A Test for Balanced and Unbalanced Growth," The Review of Economics and Statistics, MIT Press, vol. 52(4), pages 376-384, November.
    7. A.P. Thirlwall, 1974. "Regional Economic Disparities and Regional Policy in the Common Market," Urban Studies, Urban Studies Journal Limited, vol. 11(1), pages 1-12, February.
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    Cited by:

    1. Lux Gabor, 2009. "Divergent Patterns of Adaptation Among Central European Old Industrial Regions," European Spatial Research and Policy, Sciendo, vol. 16(1), pages 145-157, June.
    2. Michael Steiner & Ronald Wendner, 1993. "Alte Industriegebiete: Wo blieben die Arbeitslosen? Untersuchung am Beispiel der Obersteiermark," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 19(1), pages 11-27.
    3. repec:clr:wugarc:y:1993:v:19i:1p:11 is not listed on IDEAS
    4. Galina Yurievna Gagarina & Natalia Yurievna Sorokina & Liliya Nikolaevna Chainikova & Darina Alexandrovna Sizova & Sheripzhan Marupovich Nadyrov, 2019. "Tools to ensure the economic security of the old industrial regions," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(1), pages 747-762, September.

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