Towards a New Regional Policy in Spain

Gonzalo Saenz Buruaga and Stefan A. Musto

Chapter 6 in The Crises of the European Regions, 1983, pp 86-126 from Palgrave Macmillan

Abstract: Abstract For several years now, regional growth theories have been trapped in the blind alley of vainly trying to explain the unevenness of spatial economic development. Both traditional theories of regional growth (neo-classical theories, export base, comparative advantage and the multiplier/accelerator) and more recent studies based on institutions (cumulative causation and centre-periphery) have contributed more to the mental gymnastics required to establish economics as a science than to any valid scientific account of reality.(1)

Keywords: Regional Development; Canary Island; Regional Policy; Public Investment; Regional Incentive (search for similar items in EconPapers)
Date: 1983
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DOI: 10.1007/978-1-349-06588-2_7

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