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Introduction: Endogenous Regional Growth and Policies

  • Charlie Karlsson
  • Börje Johansson
  • Roger Stough
Part of the Advances in Spatial Science book series (ADVSPATIAL)

Abstract

A rich literature has grown up around the concept of the rise in the importance of regions in the global economic system. According to this view global trade has the form of interaction between functional regions, rather than between countries. As this vision has evolved, empirical observations suggest that global and national economic change should be understood as a process, which is dependent on local dynamics operating on the regional level. Perceptions and models of such change can be underpinned with various theoretical perspectives generally referred to as the new endogenous growth theory. The term endogenous implies that economic growth is influenced by the use of “investment resources” generated by the economy itself — in contradistinction to the reference made to exogenous factors in the Solow type growth models.

Keywords

Endogenous Growth Functional Region Local Economic Development Agglomeration Economy Regional Economic Development 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin · Heidelberg 2001

Authors and Affiliations

  • Charlie Karlsson
    • 1
  • Börje Johansson
    • 1
  • Roger Stough
    • 2
  1. 1.Jönköping International Business SchoolSweden
  2. 2.The Institute of Public Policy, The Mason Enterprise Center for Regional Analysis and Entrepreneurship, and The Transport Policy and Logistics CenterGeorge Mason UniversityUSA

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