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On the supply-side determinants of regional growth

  • Philip Mccann

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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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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