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Roepke Lecture in Economic Geography—Regional Context and Global Trade

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  • Michael Storper

Abstract

How should we think of the role of regions in relation to the global economy? Theory has surprising gaps when it comes to building a unified vision of these two scales of development. Two contributions to such a vision are proposed in this article. First, the relationship between geographic concentration and the regional economic specialization it underpins and globalization should be theorized as a dynamic process. Standard location and trade theory is not adequate for this task; instead, the dynamic relationship can be captured through growth theory. But capturing this dynamic relationship requires correcting growth theory to separate its local and its global components, which are, respectively, Marshall-Arrow and Romer externalities. Second, the missing element in all theories of geographic concentration and locally specialized development is an element labeled “context” here. A theory of context, in turn, raises important new questions about the dynamic welfare and developmental effects of contemporary processes of fragmenting and relocating production at a global scale.

Suggested Citation

  • Michael Storper, 2009. "Roepke Lecture in Economic Geography—Regional Context and Global Trade," Economic Geography, Taylor & Francis Journals, vol. 85(1), pages 1-21, January.
    • Handle: RePEc:taf:recgxx:v:85:y:2009:i:1:p:1-21
    DOI: 10.1111/j.1944-8287.2008.01001.x
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    Cited by:

    1. Robert Huggins & Piers Thompson, 2017. "Networks and regional economic growth: A spatial analysis of knowledge ties," Environment and Planning A, , vol. 49(6), pages 1247-1265, June.
    2. Simba, Amon & Wang, Yan & del Olmo García, Francisco, 2023. "Deconstructing self-organisation in microentrepreneurship: A social embeddedness perspective," Journal of Business Research, Elsevier, vol. 162(C).
    3. Buchholz Maximilian & Bathelt Harald, 2021. "Models of Regional Economic Development: Illustrations Using U.S. Data," ZFW – Advances in Economic Geography, De Gruyter, vol. 65(1), pages 28-42, March.
    4. Harald Bathelt & Michael Storper, 2022. "Related Variety and Regional Development," Papers in Evolutionary Economic Geography (PEEG) 2214, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Aug 2022.
    5. Zhao, Juanjuan & Ren, Huan & Gu, Yan & Pan, Haojie, 2023. "Relationships between the residential environment, travel attitude and behaviour among knowledge workers: The role of job types," Journal of Transport Geography, Elsevier, vol. 106(C).
    6. David Waite, 2014. "Book review: Keys to the City: How Economics, Institutions, Social Interactions, and Politics Shape Development," Urban Studies, Urban Studies Journal Limited, vol. 51(13), pages 2930-2933, October.

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