EconPapers    
Economics at your fingertips  
 

Do Institutions Matter for Regional Development?

Andr�s Rodr�guez-Pose
Authors registered in the RePEc Author Service: Andrés Rodríguez-Pose

Regional Studies, 2013, vol. 47, issue 7, 1034-1047

Abstract: Rodr�guez-Pose A. Do institutions matter for regional development?, Regional Studies . This paper discusses whether institutions matter for regional development and how to integrate them in regional development strategies. It is found that while institutions are crucial for economic development, generating an institution-based regional development strategy is likely to be undermined by the lack of definition of what are efficient institutions. Problems related to the measurement of institutions, to their space and time variability, to the difficulties in establishing the right mix of formal and informal institutions, and to the endogeneity between institutions and economic development make one-size-fits-all approaches to operationalizing institutions difficult. The paper posits that, in order to overcome these problems, it is crucial to distinguish between the 'institutional environment' and 'institutional arrangements', that is, to target not the institutions which shape the unique character of any territory, but the institutional factors that represent barriers for the efficacy of other factors influencing economic development (that is, education, training and skills, innovation, infrastructure and the like).

Date: 2013
References: Add references at CitEc
Citations: View citations in EconPapers (119)

Downloads: (external link)
http://hdl.handle.net/10.1080/00343404.2012.748978 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Do institutions matter for regional development? (2010) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:regstd:v:47:y:2013:i:7:p:1034-1047

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/CRES20

DOI: 10.1080/00343404.2012.748978

Access Statistics for this article

Regional Studies is currently edited by Ivan Turok

More articles in Regional Studies from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst (chris.longhurst@tandf.co.uk).

 
Page updated 2025-01-26
Handle: RePEc:taf:regstd:v:47:y:2013:i:7:p:1034-1047