Abstract
For several years now, regional growth theories have been trapped in the blind alley of vainly trying to explain the unevenness of spatial economic development. Both traditional theories of regional growth (neo-classical theories, export base, comparative advantage and the multiplier/accelerator) and more recent studies based on institutions (cumulative causation and centre-periphery) have contributed more to the mental gymnastics required to establish economics as a science than to any valid scientific account of reality.(1)
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Notes
Compare S.A. Musto et al., Die Kanarischen Inseln und die Enropäische Gemeinschaft (Berlin: German Development Institute, 1981 ). A short summary of the study entitled ‘Structural Constraints to Regional Development: The Case of the Canary Islands’ was distributed at this meeting.
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© 1983 Dudley Seers and Kjell Öström
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De Buruaga, G.S., Musto, S.A. (1983). Towards a New Regional Policy in Spain. In: Seers, D., Öström, K. (eds) The Crises of the European Regions. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-06588-2_7
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DOI: https://doi.org/10.1007/978-1-349-06588-2_7
Publisher Name: Palgrave Macmillan, London
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