Theories of Endogenous Regional Growth

Theories of Endogenous Regional Growth

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During the last two decades a new growth theory has emerged - often labelled qendogenous economic growthq. The contributions in the book develop these advances into a theoretical framework for endogenous regional economic growth and explain the implications for regional economic policies in the perspective of the new century. Endogenous growth models can reflect increasing returns and hence refer more adequately to empirical observations than earlier models, and the models become policy relevant, because in endogenous growth models policy matters. Such policies comprise efforts to stimulate the growth of knowledge intensity of the labour supply and knowledge production in the form of RaD.With the Birch-inspired debate on the relative job- and innovation-generating capacity of small and large firms abating (Ettlinger ... He found that small firms coPart of the research in this paper was conducted while the author was a researchanbsp;...

Title:Theories of Endogenous Regional Growth
Author:Börje Johansson, Charlie Karlsson, Roger R. Stough
Publisher:Springer Science & Business Media - 2012-12-06


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