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New Economic Cycle in Northern Periphery

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  • Marc-Urbain Proulx

Abstract

Within the vast northern periphery of Quebec, the annual capital almost doubled over the 2000s. This impulse of a new cycle of growth coincides with a slowdown in job creation. Such effects on the mode of development is part of a multi-dimensional and transitional movement within global peripheries requested to supply, of their raw materials, high urbanization in emerging economies. For this purpose in Quebec, the Nordic economic sectors of construction, extraction, processing, and services react differently during the observed period. According to our analysis, four elements are added to the difficulties of the forest industry to explain the disappointing conclusion about Nordic employment, namely: the technological intensification, the importation of equipment and materials, the commuting workers (fly in - fly out), and the low attractiveness of the manufacturing sector. Our reading leads us to propose two avenues for reflection on real territorial development.

Suggested Citation

  • Marc-Urbain Proulx, 2014. "New Economic Cycle in Northern Periphery," ERSA conference papers ersa14p930, European Regional Science Association.
    • Handle: RePEc:wiw:wiwrsa:ersa14p930
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    References listed on IDEAS

    as
    1. Robert M. Solow, 1994. "Perspectives on Growth Theory," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 45-54, Winter.
    2. Proulx, Marc-Urbain, 2013. "Centre et périphérie : le nouveau modèle québécois," Revue d'économie régionale et urbaine, Editions NecPlus, vol. 2012(04), pages 597-621, January.
    3. Marc-Urbain Proulx, 2012. "Centre et périphérie : le nouveau modèle québécois," Revue d'économie régionale et urbaine, Armand Colin, vol. 0(4), pages 597-621.
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    More about this item

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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