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Modern theories of regional development – a review of some concepts

  • Marcin Bogdañski


    (University of Warmia and Mazury in Olsztyn)

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    Researches on determinants of regional development are an important part of economic thought. And just like the whole economic theory, it was the subject of visible evolution as the whole economy had changed and as we gained some practice in stimulating economic development. However, in the public awareness one can still observe a strong influence of “old” or traditional theories. Many (also some economists) still see regional development as an exogenous process which should be inspired and managed by a central government. Also, there is a strong tendency to consider the main goal of regional policy as artificial leveling of regions’ development. Only recently there has been a visible shift in the approach to the problem of regional development. The aim of the article is to present some most commonly recognized modern theories of regional development, which stand opposite to the traditional approach. It shows the evolution of theories of regional development from exogenous to endogenous concepts, and from the sectoral to holistic view on this issue. Of course, it does not cover all of the thoughts of a fruitful discussion on this topic. It is rather an inspiration to increase and improve one’s knowledge of this topic.

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    Article provided by Polskie Towarzystwo Ekonomiczne Oddzial w Toruniu, Wydzial Nauk Ekonomicznych i Zarzadzania UMK in its journal Oeconomia Copernicana.

    Volume (Year): 2 (2012)
    Issue (Month): ()
    Pages: 25-41

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    Handle: RePEc:tru:umkoec:2012:v2:p:25-41
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    1. Masahisa Fujita & Paul Krugman, 2003. "The new economic geography: Past, present and the future," Economics of Governance, Springer, vol. 83(1), pages 139-164, October.
    2. Frank Mcdonald & Qihai Huang & Dimitrios Tsagdis & Heinz Josef Tuselmann, 2007. "Is There Evidence to Support Porter-type Cluster Policies?," Regional Studies, Taylor & Francis Journals, vol. 41(1), pages 39-49.
    3. MURATA, Yasudada & THISSE, Jacques-François, 2005. "A simple model of economic geography à la Helpman-Tabuchi," CORE Discussion Papers 2005017, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    4. Wei Fan & Frederick Treyz & George Treyz, 2000. "An Evolutionary New Economic Geography Model," Journal of Regional Science, Wiley Blackwell, vol. 40(4), pages 671-695.
    5. Kashif S. Mansori, 2003. "The Geographic Effects of Trade Liberalization with Increasing Returns in Transportation," Journal of Regional Science, Wiley Blackwell, vol. 43(2), pages 249-268.
    6. John M. Quigley, 1998. "Urban Diversity and Economic Growth," Journal of Economic Perspectives, American Economic Association, vol. 12(2), pages 127-138, Spring.
    7. repec:kas:wpaper:2004-65 is not listed on IDEAS
    8. Bj�rn Asheim & Eric Clark, 2001. "Creativity and Cost in Urban and Regional Development in the 'New Economy'," European Planning Studies, Taylor & Francis Journals, vol. 9(7), pages 805-811, October.
    9. Fujita, Masahisa & Mori, Tomoya, 1997. "Structural stability and evolution of urban systems," Regional Science and Urban Economics, Elsevier, vol. 27(4-5), pages 399-442, August.
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