Regional Economics and Policy / Edition 3

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The revised edition of this classic text contains discussions of the latest theoretical developments in regional economics and reviews recent changes in regional policy and institutions in the European Union. New case study material based on extensive academic research in Europe and the USA has been added throughout the book. This book is organized in two free-standing parts examining firstly the economic analysis of regions and then regional policy issues. Topics covered include multiplier and impact analysis, input-output models, growth theory, migration, regional labor markets, regional policy in the EU, regional devolution, small firms policy, foreign direct investment and a detailed explanation of the methods used to evaluate regional policy. Chapters can be read independently in cases where focused information is required, and the organization of the book makes this a very flexible and effective resource for course use.

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Editorial Reviews

From the Publisher
"The authors' careful scholarship, intellectual rigour and clearanalysis of mainstream theory means that this new edition ofRegional Economics and Policy will continue as a standardwork for students. The book provides an excellent synthesis oftheoretical and empirical work on regional economic concepts andtheories, leading to clear and important lessons for policy. Itsuccessfully brings updated literature and new material to bear onthe key issues in the field." Ronald McQuaid, NapierUniversity

"This is an excellent textbook on regional economic theory andpolicy. This edition has been comprehensively revised to takeaccount of the recent revival of interest in regional issues andthe consequent burgeoning literature in the field. The bookpresents recent developments in the context of earlier work andboth are discussed in a succinct and masterly fashion. This bookwill continue to remain the definitive overview of the subject andwill be widely consulted by all those interested in the regionalaspects of economic activity." John McCombie, University ofCambridge

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Product Details

  • ISBN-13: 9780631217138
  • Publisher: Wiley
  • Publication date: 8/3/2000
  • Edition description: REV
  • Edition number: 3
  • Pages: 448
  • Product dimensions: 9.61 (w) x 6.69 (h) x 0.91 (d)

Meet the Author

Harvey Armstrong is Professor of Economic Geography atSheffield University. He has previously worked at LoughboroughUniversity and Lancaster University and has held a visitingappointment at the University of British Columbia. He has publishedextensively in the areas of regional policy, European regionaldisparities, local economic development policy and the economicperformance of world micro-states and dependent territories.

Jim Taylor is Professor of Economics at the LancasterUniversity and has held visiting appointments at the Universitiesof Pennsylvania, British Columbia and Melbourne. His researchincludes work on the evaluation of regional policy and on variousaspects of education economics. He has published many papers andseveral books on regional policy and has been the editor ofRegional Studies, the journal of the Regional StudiesAssociation.

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Table of Contents


Part I: Regional Economics.

1. Regional Income and Employment Determination.

2. The Input-Output Approach to Modelling the RegionalEconomy.

3. Regional Growth Disparities: Neoclassical Perspectives.

4. Export Demand Models, Agglomeration and Cumulative GrowthProcesses.

5. Interregional Trade.

6. Interregional Migration.

7. Regional Unemployment Disparities.

Part II: Regional Policy.

8. The Case for Regional Policy: British Experience.

9. Regional Policy Instruments.

10. Indigenous Development: Small and Medium-Sized Enterprisesand Technological Progress.

11. Regional Policy and the European Union.

12. Regional Policy and Devolution.

13. The Evaluation of Regional Policy.



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