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The future (near and far) of regional science

In: Fifty Years of Regional Science

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  • Walter Isard

    (Cornell University)

Abstract

This Presidential Address, delivered on the occasion of the 50th Anniversary of the founding of the Regional Science Association, looks ahead to some possible future developments in the field of regional science. It contains some predictions — both mild and extreme — of new developments. It discusses how the global system will become an interregional-regional system, and it traces the need for advanced interregional analysis capable of dealing with pressing issues of international aid, development, and terrorism. The issues of synthesizing bottom-up and top-down modeling approaches are explored. The paper concludes with some thoughts about the application of concepts of electromagnetism to problems in regional and interregional analysis, calling for the effective fusing of electromagnetic and gravity models.

Suggested Citation

  • Walter Isard, 2004. "The future (near and far) of regional science," Advances in Spatial Science, in: Raymond J. G. M. Florax & David A. Plane (ed.), Fifty Years of Regional Science, pages 387-400, Springer.
    • Handle: RePEc:spr:adspcp:978-3-662-07223-3_17
    DOI: 10.1007/978-3-662-07223-3_17
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    More about this item

    Keywords

    Regional science; econometric models; international development; gravity; electromagnetism;
    All these keywords.

    JEL classification:

    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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