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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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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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Related research

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

References

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  1. 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.
  2. Paul M Romer, 1999. "Increasing Returns and Long-Run Growth," Levine's Working Paper Archive 2232, David K. Levine.
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  5. 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.
  6. 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.
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  13. Philip McCann & Daniel Shefer, 2003. "Location, agglomeration and infrastructure," Papers in Regional Science, Springer, vol. 83(1), pages 177-196, October.
  14. David Keeble & Frank Wilkinson, 1999. "Collective Learning and Knowledge Development in the Evolution of Regional Clusters of High Technology SMEs in Europe," Regional Studies, Taylor & Francis Journals, vol. 33(4), pages 295-303.
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  23. 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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