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On the supply-side determinants of regional growth

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  • Philip Mccann

Abstract

The major developments in thought regarding regional economic growth and development are traced over the last two decades. The supply-side micro-foundations of regional growth have come under scrutiny in a manner which has previously not been evident. In particular, an examination of the elements of industrial clustering, regional industrial structure, and place characteristics which may promote innovation, have become a central focus of modern regional growth analysis. The micro-foundations of these arguments are analysed, and the links between innovation and clustering explored within a transactions-costs framework. This allows us to point to areas in which our understanding has grown over recent years, and to identify further areas of analysis which are required.

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File URL: http://www.tandfonline.com/doi/abs/10.1080/01446190500514756
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Construction Management and Economics.

Volume (Year): 24 (2006)
Issue (Month): 7 ()
Pages: 681-693

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Handle: RePEc:taf:conmgt:v:24:y:2006:i:7:p:681-693

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Web page: http://www.tandfonline.com/RCME20

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Related research

Keywords: Economic theory; urban development; urban planning; markets; transaction cost economics;

References

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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  1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-37, October.
  2. Gilles Duranton & Diego Puga, 2000. "Nursery cities: urban diversity, process innovation and the life-cycle of products," LSE Research Online Documents on Economics 20204, London School of Economics and Political Science, LSE Library.
  3. Glenn Ellison & Edward L. Glaeser, 1994. "Geographic Concentration in U.S. Manufacturing Industries: A Dartboard Approach," NBER Working Papers 4840, National Bureau of Economic Research, Inc.
  4. Alessandra Faggian & Philip McCann, 2006. "Human capital flows and regional knowledge assets: a simultaneous equation approach," Oxford Economic Papers, Oxford University Press, vol. 58(3), pages 475-500, July.
  5. Edward L. Glaeser, 1997. "Learning in Cities," Harvard Institute of Economic Research Working Papers 1814, Harvard - Institute of Economic Research.
  6. Cantwell, John & Santangelo, Grazia D., 1999. "The frontier of international technology networks: sourcing abroad the most highly tacit capabilities," Information Economics and Policy, Elsevier, vol. 11(1), pages 101-123, March.
  7. Edward L. Glaeser, 1998. "Are Cities Dying?," Journal of Economic Perspectives, American Economic Association, vol. 12(2), pages 139-160, Spring.
  8. Swan, Trevor W, 2002. "Economic Growth," The Economic Record, The Economic Society of Australia, vol. 78(243), pages 375-80, December.
  9. Philip McCann & Daniel Shefer, 2003. "Location, agglomeration and infrastructure," Papers in Regional Science, Springer, vol. 83(1), pages 177-196, October.
  10. Haughwout, Andrew F., 2002. "Public infrastructure investments, productivity and welfare in fixed geographic areas," Journal of Public Economics, Elsevier, vol. 83(3), pages 405-428, March.
  11. Jaffe, A.B. & Trajtenberg, M., 1992. "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations," Papers 14-92, Tel Aviv.
  12. Xavier Gabaix, 1999. "Zipf's Law and the Growth of Cities," American Economic Review, American Economic Association, vol. 89(2), pages 129-132, May.
  13. McCann, Philip & Fingleton, Bernard, 1996. "The Regional Agglomeration Impact of Just-in-Time Input Linkages: Evidence from the Scottish Electronics Industry," Scottish Journal of Political Economy, Scottish Economic Society, vol. 43(5), pages 493-518, November.
  14. T. W. Swan, 1956. "ECONOMIC GROWTH and CAPITAL ACCUMULATION," The Economic Record, The Economic Society of Australia, vol. 32(2), pages 334-361, November.
  15. Philip McCann, 2005. "Transport costs and new economic geography," Journal of Economic Geography, Oxford University Press, vol. 5(3), pages 305-318, June.
  16. Haughwout, Andrew F., 1998. "Aggregate Production Functions, Interregional Equilibrium, and the Measurement of Infrastructure Productivity," Journal of Urban Economics, Elsevier, vol. 44(2), pages 216-227, September.
  17. Philip McCann & Jaakko Simonen, 2005. "Innovation, knowledge spillovers and local labour markets," Papers in Regional Science, Wiley Blackwell, vol. 84(3), pages 465-485, 08.
  18. Anselin, Luc & Varga, Attila & Acs, Zoltan, 1997. "Local Geographic Spillovers between University Research and High Technology Innovations," Journal of Urban Economics, Elsevier, vol. 42(3), pages 422-448, November.
  19. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
  20. Akerlof, George A, 1970. "The Market for 'Lemons': Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, MIT Press, vol. 84(3), pages 488-500, August.
  21. Xavier Gabaix, 1999. "Zipf'S Law For Cities: An Explanation," The Quarterly Journal of Economics, MIT Press, vol. 114(3), pages 739-767, August.
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Cited by:
  1. Nelson Jorge Ribeiro Duarte & Francisco José Lopes de Sousa Diniz, 2011. "The Role Of Firms And Entrepreneurship On Local Development," Romanian Journal of Regional Science, Romanian Regional Science Association, vol. 5(1), pages 54-69, JUNE.

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