 Theoretical evolution of economic development. Chapter 2 in Introduction to Regional Economic Development, 2015, pp 25-35 from Edward Elgar Publishing Abstract: In the search of an explanation for the uneven spatial development issue, regional scientists and geographers have been trying to clarify the role of space and location in economic development and in the changing economic landscape over time. They have developed a range of statistical models and quantitative methods based on the ideas of location early theorists. Since 1980s, the interest in regional development has significantly increased and there have been a number of shifts in the subject with the involvement of institutional economics, economic sociology, cultural theory and most recently evolutionary economics all dealing with different aspects of uneven regional development. This chapter discusses the theoretical evolution of the regional economic development process focusing on the regional endogenous growth theory and its evolution over time; the evolutionary regional economic development process; a new dynamic, evolutionary endogenous regional development model and a proposed extension of it. Keywords: Economics and Finance; Geography; Urban and Regional Studies (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:16749_2 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Chapters from Edward Elgar Publishing |
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