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Capital, institutions and urban growth systems

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  • Robert Huggins

Abstract

In recent years, both endogenous capital accumulation and institutional theories of economic growth have emerged as central sources for explaining uneven development across cities and regions. This article seeks to connect both theoretical stances as a means of explaining urban and regional growth differentials. It conceptualises urban and regional economies as growth systems combining the interaction between capital and institutions at the firm, inter-firm and spatial level. In these systems, the capital drivers of growth are not merely the result of preferences and existing capital endowments, but are mediated by a set of institutional factors.

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  • Robert Huggins, 2016. "Capital, institutions and urban growth systems," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 9(2), pages 443-463.
    • Handle: RePEc:oup:cjrecs:v:9:y:2016:i:2:p:443-463.
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    File URL: http://hdl.handle.net/10.1093/cjres/rsw010
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    Cited by:

    1. Richard Sadler & Dayne Walling & Zac Buchalski & Alan Harris, 2020. "Are Metropolitan Areas Primed for Success? A Prosperity Risk Index for Evaluating Economic Development Patterns," Urban Planning, Cogitatio Press, vol. 5(3), pages 323-337.
    2. Robert Huggins & Piers Thompson, 2017. "Networks and regional economic growth: A spatial analysis of knowledge ties," Environment and Planning A, , vol. 49(6), pages 1247-1265, June.
    3. Richard Sadler & Dayne Walling & Zac Buchalski & Alan Harris, 2020. "Are Metropolitan Areas Primed for Success? A Prosperity Risk Index for Evaluating Economic Development Patterns," Urban Planning, Cogitatio Press, vol. 5(3), pages 323-337.
    4. Robert Huggins & Piers Thompson, 2019. "The behavioural foundations of urban and regional development: culture, psychology and agency," Journal of Economic Geography, Oxford University Press, vol. 19(1), pages 121-146.
    5. Min Zhou & Man Yuan & Yaping Huang & Kaixuan Lin, 2021. "Effects of Institutions on Spatial Patterns of Manufacturing Industries and Policy Implications in Metropolitan Areas: A Case Study of Wuhan, China," Land, MDPI, vol. 10(7), pages 1-16, July.
    6. Szerb, László & Rideg, András & Hornyák, Miklós & Krabatné Fehér, Zsófia, 2023. "Magyarországi városrégiók versenyképességének mérése és elemzése [Measuring and analyzing the competitiveness of urban regions in Hungary]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 119-148.
    7. Robert Huggins & Piers Thompson, 2024. "Understanding the contemporary history of urban economic change: The case of entrepreneurial innovation," Growth and Change, Wiley Blackwell, vol. 55(1), March.
    8. Prokop, Daniel, 2021. "University entrepreneurial ecosystems and spinoff companies: Configurations, developments and outcomes," Technovation, Elsevier, vol. 107(C).
    9. Giuseppe Di Vita, 2018. "Institutional quality and the growth rates of the Italian regions: The costs of regulatory complexity," Papers in Regional Science, Wiley Blackwell, vol. 97(4), pages 1057-1081, November.
    10. Qianyi Wang & Ran Li & Kee Cheok Cheong, 2019. "Shandong’s Yintan Town and China’s “Ghost City” Phenomenon," Sustainability, MDPI, vol. 11(17), pages 1-14, August.

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