Handbook of Regional Growth and Development Theories
Show Less

Handbook of Regional Growth and Development Theories

Revised and Extended Second Edition

Edited by Roberta Capello and Peter Nijkamp

Regional economics – an established discipline for several decades – has undergone a period of rapid change in the last ten years resulting in the emergence of several new perspectives. At the same time the methodology of regional economics has also experienced some surprising developments. This fully revised and updated Handbook brings together contributions looking at new pathways in regional economics, written by many well-known international scholars. The aim is to present the most cutting-edge theories explaining regional growth and local development. The authors highlight the recent advances in theories, the normative potentialities of these theories and the cross-fertilization of ideas between regional and mainstream economists. It will be an essential source of reference and information for both scholars and students in the field.
Buy Book in Print
Show Summary Details
You do not have access to this content

Chapter 26: Regional policy: rationale, foundations and measurement of effects

Jouke van Dijk, Henk Folmer and Jan Oosterhaven

Abstract

This chapter starts with the two dilemmas that determine the rationale of regional policy: place prosperity versus people prosperity and interregional equity versus national efficiency. Second, it gives an overview of eight theories of regional development on which regional policy may be based: neoclassical growth, endogenous growth, post-Fordism, social capital, new economic geography, evolutionary geography, demand-driven export competition and learning regions. Thirdly, the choice of policy instruments is discussed, the most strategic being that between moving workers to the work versus moving work to the workers. Instruments to do the latter are either of a redistributive or endogenous growth type. Finally, this chapter evaluates micro and regional approaches to measure the impacts of regional policy instruments.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.


Further information

or login to access all content.