Transport, Globalization and the Changing Concept of the Region

Roger Vickerman

Chapter 3 in Globalization and Regional Economic Modeling, 2007, pp 35-43 from Springer

Abstract: Abstract Globalization is changing the way regions relate to one another, but it is also changing the concept of the region as a geographically defined entity. This has profound implications for the way we model regional systems. The traditional model, based primarily on regional markets which clear internally, but with some specific external linkages, mainly trade-related, is now much less appropriate. The initial response to the globalization question has been to attempt to make the trade relationships more realistic, for example by specifying them in terms of complete supply-chain linkages rather than just simple flows of goods from one region to another, but this does not go far enough in capturing the dimensionality of the changing regional situation.

Keywords: Labor Market; Housing Market; Distance Decay Function; Labor Market Area; Transport Market (search for similar items in EconPapers)
Date: 2007
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DOI: 10.1007/978-3-540-72444-5_3

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