IDEAS home Printed from https://ideas.repec.org/p/wiw/wiwsre/sre-disc-2010_04.html
   My bibliography  Save this paper

Growth cycles: transformation and regional development

Author

Listed:
  • Karl-Johan Lundquist
  • Lars-Olof Olander

Abstract

Departing from the renewed interest within economic history and neo-Schumpeterian perspectives on growth and economic transformation, we will suggest a theoretical framework for analyzing long term regional economic growth and transformation. Emphasis will be given to different driving forces and their various roles over time, lead-lag relations between industries and how divergence and convergence between regions shift cyclically as consequences of technological change, market integration and economic growth. We claim that systemic approaches in general have been neglected in regional science in favor of “neoregionalism” in the sense that the study of regional growth has been focusing for years on regional innovation systems and cluster theories without any regard to systemic relations at all. Using detailed time series data and applying a systemic approach we will follow Swedish regions from the structural crises in the mid 1970s to the starting point of the present financial crises. Our results suggest that there are time lags as well as systemic spatial asymmetries between industries and regions leading to changing patterns of divergence and convergence in the regional system. Furthermore, there are indications that the regional disparities between centre and periphery have increased compared to the situation in the mid 1970s.

Suggested Citation

  • Karl-Johan Lundquist & Lars-Olof Olander, 2010. "Growth cycles: transformation and regional development," SRE-Disc sre-disc-2010_04, Institute for Multilevel Governance and Development, Department of Socioeconomics, Vienna University of Economics and Business.
    • Handle: RePEc:wiw:wiwsre:sre-disc-2010_04
    as

    Download full text from publisher

    File URL: https://www-sre.wu.ac.at/sre-disc/sre-disc-2010_04.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Bresnahan, Timothy F. & Trajtenberg, M., 1995. "General purpose technologies 'Engines of growth'?," Journal of Econometrics, Elsevier, vol. 65(1), pages 83-108, January.
    2. Karl‐Johan Lundquist & Lars‐Olof Olander & Martin Svensson Henning, 2008. "Decomposing The Technology Shift: Evidence From The Swedish Manufacturing Sector," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 99(2), pages 145-159, April.
    3. Karl-Johan Lundquist & Lars-Olof Olander & Martin Svensson Henning, 2008. "Creative destruction and economic welfare in Swedish regions: Spatial dimensions of structural change, growth and employment," SRE-Disc sre-disc-2008_03, Institute for Multilevel Governance and Development, Department of Socioeconomics, Vienna University of Economics and Business.
    4. Frank Neffke & Martin Svensson Henning, 2008. "Revealed Relatedness: Mapping Industry Space," Papers in Evolutionary Economic Geography (PEEG) 0819, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Dec 2008.
    5. Durlauf, Steven N. & Johnson, Paul A. & Temple, Jonathan R.W., 2005. "Growth Econometrics," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.),Handbook of Economic Growth, edition 1, volume 1, chapter 8, pages 555-677, Elsevier.
    6. Lipsey, Richard G. & Carlaw, Kenneth I. & Bekar, Clifford T., 2005. "Economic Transformations: General Purpose Technologies and Long-Term Economic Growth," OUP Catalogue, Oxford University Press, number 9780199290895.
    7. Frank Neffke & Martin Svensson Henning, 2009. "Skill-relatedness and firm diversification," Papers on Economics and Evolution 2009-06, Philipps University Marburg, Department of Geography, revised Oct 2010.
    8. Philippe Aghion & Steven Durlauf (ed.), 2005. "Handbook of Economic Growth," Handbook of Economic Growth, Elsevier, edition 1, volume 1, number 1.
    9. Oded Galor, 2011. "Unified Growth Theory," Economics Books, Princeton University Press, edition 1, number 9477.
    10. Jones, Larry E. & Manuelli, Rodolfo E., 2005. "Neoclassical Models of Endogenous Growth: The Effects of Fiscal Policy, Innovation and Fluctuations," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 1, pages 13-65, Elsevier.
    11. Frank Neffke & Martin Henning & Ron Boschma & Karl-Johan Lundquist & Lars-Olof Olander, 2011. "The Dynamics of Agglomeration Externalities along the Life Cycle of Industries," Regional Studies, Taylor & Francis Journals, vol. 45(1), pages 49-65.
    12. Lundquist, Karl-Johan & Olander, Lars-Olof & Svensson Henning, Martin, 2008. "Creative destruction and economic welfare in Swedish regions: spatial dimensions of structural change, growth and employment," SRE-Discussion Papers 2008/03, WU Vienna University of Economics and Business.
    13. Karl-Johan Lundquist & Lars-Olof Olander & Martin Svensson Henning, 2008. "Producer services: growth and roles in long-term economic development," The Service Industries Journal, Taylor & Francis Journals, vol. 28(4), pages 463-477, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Balázs Lengyel & Rikard H. Eriksson, 2017. "Co-worker networks, labour mobility and productivity growth in regions," Journal of Economic Geography, Oxford University Press, vol. 17(3), pages 635-660.
    2. Rikard H Eriksson & Høgni Kalsø Hansen, 2013. "Industries, Skills, and Human Capital: How Does Regional Size Affect Uneven Development?," Environment and Planning A, , vol. 45(3), pages 593-613, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Karl-Johan Lundquist & Lars-Olof Olander, 2011. "Growth Cycles -Transformation and regional development," ERSA conference papers ersa10p918, European Regional Science Association.
    2. Lundquist, Karl-Johan & Olander, Lars-Olof, 2010. "Growth cycles: transformation and regional development," SRE-Discussion Papers 2010/04, WU Vienna University of Economics and Business.
    3. Clifford Bekar & Kenneth Carlaw & Richard Lipsey, 2018. "General purpose technologies in theory, application and controversy: a review," Journal of Evolutionary Economics, Springer, vol. 28(5), pages 1005-1033, December.
    4. Altinok, Nadir & Aydemir, Abdurrahman, 2017. "Does one size fit all? The impact of cognitive skills on economic growth," Journal of Macroeconomics, Elsevier, vol. 53(C), pages 176-190.
    5. Bloom, David E. & Canning, David & Kotschy, Rainer & Prettner, Klaus & Schünemann, Johannes, 2024. "Health and economic growth: Reconciling the micro and macro evidence," World Development, Elsevier, vol. 178(C).
    6. Jürgen Essletzbichler, 2013. "Relatedness, industrial branching and technological cohesion in U.S. metropolitan areas," Papers in Evolutionary Economic Geography (PEEG) 1307, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised May 2013.
    7. Josef Taalbi, 2017. "Development blocks in innovation networks," Journal of Evolutionary Economics, Springer, vol. 27(3), pages 461-501, July.
    8. Kroll, Henning & Berghäuser, Hendrik & Blind, Knut & Neuhäusler, Peter & Scheifele, Fabian & Thielmann, Axel & Wydra, Sven, 2022. "Schlüsseltechnologien," Studien zum deutschen Innovationssystem 7-2022, Expertenkommission Forschung und Innovation (EFI) - Commission of Experts for Research and Innovation, Berlin.
    9. Chih Ming Tan, 2010. "No one true path: uncovering the interplay between geography, institutions, and fractionalization in economic development," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 25(7), pages 1100-1127, November/.
    10. Kemeny, Tom & Petralia, Sergio & Storper, Michael, 2022. "Disruptive innovation and spatial inequality," LSE Research Online Documents on Economics 115953, London School of Economics and Political Science, LSE Library.
    11. Michele Battisti & Christopher F. Parmeter, 2011. "Income Polarization, Convergence Tools and Mixture Analysis," Working Papers 2011-17, University of Miami, Department of Economics.
    12. Grashof, Nils, 2020. "Putting the watering can away Towards a targeted (problem-oriented) cluster policy framework," Papers in Innovation Studies 2020/4, Lund University, CIRCLE - Centre for Innovation Research.
    13. Bertocchi, Graziella, 2011. "Growth, Colonization, and Institutional Development: In and Out of Africa," IZA Discussion Papers 5856, Institute of Labor Economics (IZA).
    14. Labhard, Vincent & Lehtimäki, Jonne, 2022. "Digitalisation, institutions and governance, and growth: mechanisms and evidence," Working Paper Series 2735, European Central Bank.
    15. Joerg Baten & Jan Zanden, 2008. "Book production and the onset of modern economic growth," Journal of Economic Growth, Springer, vol. 13(3), pages 217-235, September.
    16. Dimelis, Sophia P. & Papaioannou, Sotiris K., 2011. "ICT growth effects at the industry level: A comparison between the US and the EU," Information Economics and Policy, Elsevier, vol. 23(1), pages 37-50, March.
    17. Ivan O. KITOV, 2009. "The Evolution Of Real Gdp Per Capita In Developed Countries," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 4(2(8)_ Sum).
    18. Henning, Martin & Enflo, Kerstin & Andersson, Fredrik N.G., 2011. "Trends and cycles in regional economic growth," Explorations in Economic History, Elsevier, vol. 48(4), pages 538-555.
    19. Alma Romero-Barrutieta & Mr. Eric V. Clifton, 2006. "Institutions versus Geography: Subnational Evidence from the United States," IMF Working Papers 2006/169, International Monetary Fund.
    20. Taalbi, Josef, 2015. "Development Blocks in Innovation Networks. The Swedish Manufacturing Industry, 1970-2007," MPRA Paper 64549, University Library of Munich, Germany, revised 23 May 2015.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wiw:wiwsre:sre-disc-2010_04. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gunther Maier (email available below). General contact details of provider: http://www.wu-wien.ac.at/mlgd/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.