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Theories of Endogenous Regional Growth pp 17–48Cite as

Endogenous Growth Theory and the Role of Institutions in Regional Economic Development

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Part of the book series: Advances in Spatial Science ((ADVSPATIAL))

Abstract

Regional economic development involves a wide array of factors whose importance varies across regions and time. Thus, an economy that is resource dependent will have different defining characteristics than one that is service based. Likewise, an economy embedded in a transition to a knowledge based structure will exhibit different attributes than at an earlier time when it was manufacturing based. This understanding is not new. However, two types of factors are essential to the understanding of regional economic systems: endogenous and exogenous. In all regional economic systems these factors are entwined and intermingled, and functionally inseparable.

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Author information

Authors and Affiliations

  1. The Institute of Public Policy, The Mason Enterprise Center for Regional Analyis and Entrepreneurship, and The Transport Policy and Logistics Center, George Mason University, Fairfax, VA, 22030-4444, USA

    Roger R. Stough

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  1. Roger R. Stough
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Editors and Affiliations

  1. Economics Department, Jönköping International Business School, Box 1026, SE-55111, Jönköping, Sweden

    Börje Johansson  & Charlie Karlsson  & 

  2. The Institute of Public Policy, George Mason University, M5-3C6 Fairfax, 22030-4444, VA, USA

    Roger R. Stough

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© 2001 Springer-Verlag Berlin · Heidelberg

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Stough, R.R. (2001). Endogenous Growth Theory and the Role of Institutions in Regional Economic Development. In: Johansson, B., Karlsson, C., Stough, R.R. (eds) Theories of Endogenous Regional Growth. Advances in Spatial Science. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-59570-7_2

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  • DOI: https://doi.org/10.1007/978-3-642-59570-7_2

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-64030-8

  • Online ISBN: 978-3-642-59570-7

  • eBook Packages: Springer Book Archive

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