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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.

Suggested Citation

  • Philip Mccann, 2006. "On the supply-side determinants of regional growth," Construction Management and Economics, Taylor & Francis Journals, vol. 24(7), pages 681-693.
    • Handle: RePEc:taf:conmgt:v:24:y:2006:i:7:p:681-693
    DOI: 10.1080/01446190500514756
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