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Globalization and Endogenous Regional Growth

In: Geography, Institutions and Regional Economic Performance

Author

Listed:
  • Roberta Capello

    (Politecnico di Milano)

  • Ugo Fratesi

    (Politecnico di Milano)

Abstract

Globalisation is not a state of the world but an evolutionary process, which entails the increasing planetary integration of markets for goods and services, markets of location sites for economic activities, markets of production factors as technologies and information. Regions are involved in the globalization process to a different extent depending on their structure and specialization. The first aim of this paper is to highlight the importance of a regional dimension in the analysis of globalization trends, and to explore the debate between exogenous and endogenous factors driving economic development, with their relative importance appearing to be different according to the development stage of the economies. The paper also investigates the factors of growth, showing that, after national effects and innovative capabilities, one of the most important aspects is represented by FDI penetration, whose impact is shown to differ according to the source, sector and technological level.

Suggested Citation

  • Roberta Capello & Ugo Fratesi, 2013. "Globalization and Endogenous Regional Growth," Advances in Spatial Science, in: Riccardo Crescenzi & Marco Percoco (ed.), Geography, Institutions and Regional Economic Performance, edition 127, pages 15-37, Springer.
    • Handle: RePEc:spr:adspcp:978-3-642-33395-8_2
    DOI: 10.1007/978-3-642-33395-8_2
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    Cited by:

    1. Zaman, Gheorghe & Georgescu, George, 2015. "Financing the endogenous development at regional and county levels. Particularities, trends and challenges," MPRA Paper 62270, University Library of Munich, Germany.
    2. Zaman, Gheorghe & Antonescu, Daniela, 2015. "Endogenous regional growth and foreign trade, in Romania," MPRA Paper 64678, University Library of Munich, Germany.
    3. Paolo Di Caro & Roberta Arbolino & Ugo Fratesi, 2026. "The costs of geopolitical risk and the impact of the EU cohesion policy," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 97(1), pages 159-182, March.
    4. Arbolino, R. & Boffardi, R. & De Simone, L. & Di Caro, P., 2025. "Geopolitical risks and the effectiveness of the EU funds: Heterogeneity in country impact," Structural Change and Economic Dynamics, Elsevier, vol. 75(C), pages 199-212.
    5. Zaman, Gheorghe & Georgescu, George & Goschin, Zizi & Antonescu, Daniela & Popa, Florina, 2015. "Dezvoltarea economica endogena la nivel regional. Cazul Romaniei [Endogenous economic development at regional level. The case of Romania]," MPRA Paper 70646, University Library of Munich, Germany.

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