Growth Pole Cycles: A Synthesis of Growth Pole and Long Wave Theories
Orley M. Amos, Jr.
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Orley M. Amos, Jr.: Oklahoma State University
The Review of Regional Studies, 1990, vol. 20, issue 1, 37-48
Abstract:
The objective of this paper is to present a more general theory of spatio-temporal development that encompasses the prominent features of the growth pole paradigm, but has a broader scope, more fundamental structure, and more powerful explanatory capability. The enhanced nature of this theory is possible by synthesizing the spatial features of the growth pole paradigm, with temporal features of a similar, but distinct, theory of endogenous economic cycles. This objective is pursued in three steps. First, the key components of the growth pole and long wave theories are highlighted, with pre-acknowledgement that neither contain the formal details of other discussions. Second, a preliminary synthesis of the growth pole and long wave theories is examined, providing an improved, but also incomplete, theory of spatio-temporal development. Third, a general theory of socio-economic development is presented by integrating the growth pole paradigm with a utility-based behavioral explanation of long waves.
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:rre:publsh:v20:y:1990:i:1:p:37-48
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