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Theory of regional policy

In: Evolutionary Spatial Economics

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Abstract

Given that notable spatial concentration of economic activity is the most striking feature of the geography of production, there is clear evidence of some kind of increasing returns to scale. New technologies in select industries may overcome some of the obstacles to the spread of production, but not necessarily very many. Hence, the pattern of regional specialisation and trade can be arbitrary, and potential gains from specialisation and trade are likely to be ambiguous. This provides grounds for some smart public intervention in regional matters even though its effects may be sometimes controversial.

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  • ., 2020. "Theory of regional policy," Chapters, in: Evolutionary Spatial Economics, chapter 29, pages 565-570, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:17213_29
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    Cited by:

    1. Knuepfer, K. & Rogalski, N. & Knuepfer, A. & Esteban, M. & Shibayama, T., 2022. "A reliable energy system for Japan with merit order dispatch, high variable renewable share and no nuclear power," Applied Energy, Elsevier, vol. 328(C).
    2. Norman V. Loayza & Steven Pennings, 2020. "Macroeconomic Policy in the Time of COVID-19," World Bank Publications - Reports 33540, The World Bank Group.
    3. Burghard, Uta & Scherrer, Aline, 2022. "Sharing vehicles or sharing rides - Psychological factors influencing the acceptance of carsharing and ridepooling in Germany," Energy Policy, Elsevier, vol. 164(C).
    4. Jane Parker & Ozan Nadir Alakavuklar & Sam Huggard, 2021. "Social movement unionism through radical democracy: The case of the New Zealand Council of Trade Unions and climate change," Industrial Relations Journal, Wiley Blackwell, vol. 52(3), pages 270-285, May.

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    Keywords

    Economics and Finance; Geography;

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