Theories of Local Economic Growth (Part 1)
Concepts, Models, and Measurement
Bibliographic Data
| ID | 4743550 |
|---|---|
| Authors | Paul Plummer (0000-0001-8705-7170, University of Southampton, corresponding author), Mike Taylor (0000-0002-1003-5675, University of Portsmouth, corresponding author) |
| Year | 2001 |
| Volume | 33 |
| Issue | 2 |
| Pages | 219-236 |
| Publication date | 2001-02-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Environment and Planning A Economy and Space (JOURNAL) |
| Journal identifiers | ISSN: 0308-518X • E-ISSN: 1472-3409 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1068/a339a |
| OpenAlex | W1977086622 |
| Language | EN |
| Citations received | 16 |
| References cited | 52 |
Contemporary approaches to understanding the mechanisms determining local economic growth tend to be characterized by a dualism between 'hard' quantitative and mathematical models derived from economics and the 'soft' qualitative models of geographical theory. In this study, we contribute to a 'third way' of knowing that is based upon a theoretically informed econometric analysis of the 'soft' processes that are hypothesized to drive local economic growth. In this first of two papers, (part 1 of the study) we focus on questions of methodology and measurement. Specifically, six sets of theoretical propositions on the nature of the mechanisms that promote local economic performance are reviewed: the growth-pole, growth-centres model; the product-cycle model; the flexible-production model; the learning-regions model; the competitive-advantage model; and the enterprise-segmentation model. From this review, eight measurable dimensions are developed that cover the main propositions of these models. These dimensions are calibrated using data for Australia, divided into ninety-four regions, for the period 1984-92. We conclude by exploring the limitations of our mapping between theoretical concepts, measurable dimensions, and surrogate variables, and examine the implications of this mapping for testing the validity of 'soft' geographical theories. In a subsequent paper (part 2 of the study) we test the validity of these models of local growth in the Australian context
Dualism · Econometrics · Economic geography · Economics · Epistemology · Geography · Positive economics · Statistics · Computer Science · Mathematics · Regional Development and Policy · Regional Economics and Spatial Analysis · Rural development and sustainability
Quantitative Revolution 2
De-industrialisation, financialisation and Australia's macro-economic trap
The Staples Thesis, local models and competitiveness
The Role of Universities in Building Local Economic Capacities
Measuring the determinants of relative economic performance of rural areas
Path dependence, resilience and the evolution of new rural economies
Towards a regional approach for skills policy
Contemporary fiddling in human geography while Rome burns
Inter-firm Collaboration and Technology Development Partnerships Within US Manufacturing Industries
What Does Endogenous Growth Theory Tell about Regional Economies? Empirics of R&D Worker-based Productivity Growth
Scaling-up Regional Development in Globalizing China
Ensuring skills are available in the right locations
Uneven Regional Development Under Balanced Development Strategies
Should Economic Geographers Count
Informal and Formal Sources of Knowledge as Drivers of Regional Innovation
Theories of Local Economic Growth (Part 2)
Methods of regional analysis
Problems of regional economic planning.
The Competitive Advantage of Nations
Development, Geography, and Economic Theory
Economics and Institutions
National Systems of Innovation
Competitiveness, Localised Learning and Regional Development
Localised learning and industrial competitiveness
Technological Change and Regional Shifts in American Manufacturing∗
Economic Space
Critical survey. The new 'geographical turn' in economics
International Investment and International Trade in the Product Cycle
An evolutionary theory of economic change
Global Shift
The dynamics of Australian regional policy
The Resurgence of Regional Economies, Ten Years Later
The spatial impact of technological change
Must Emancipatory Economic Geography be Qualitative
Economic theory and underdeveloped regions
In What Sense a Region's Problem? The Place of Redistribution in Australia's Internationalization Strategy
The product cycle and the spatial decentralization of American manufacturing
Production and Distribution in the Large Metropolis
Investment, Location and Size of Plant
Capital, State and Space
Flexibility Revisited
The Organization of Production and the Production of Organization
Stylized Facts and Close Dialogue
Accounting for Variations in the Performance of Industrial Districts
The Learning Economy, the Learning Firm and the Learning Region
The rise of soft capitalism
Spatial Econometrics, Economic Geography, Dynamics and Equilibrium
Pathways to Industrialization and Regional Development
Enterprise and Human Resource Development
Technology, Regions and Policy
Regional Growth Theories and High-Tech Regions
Industrial Linkage and the Segmented Economy
The Product-Cycle Model
Explanatory Frameworks for Growth and Change in Multiregional Firms
The Golden Age Illusion
Regulation theories in retrospect and prospect
| Unique citing works | 16 |
|---|---|
| Citations per year | 0,64 |
| Citation span | 2001 - 2022 (22) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 16 |