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The paper will review representations of regional development models in terms of their assumptions (peeled away like an onion) and in terms of their level of complexity, very much in the tradition of Peter Allen's classification system. Some applied models of regional economic development in...
Persistent link: https://www.econbiz.de/10013127180
The use of evolutionary and institutional economics in the analysis of increasing returns, transaction costs, and agglomeration and network effects is important because of their determining impacts on the processes of trade, growth and development. Institutional analysis facilitates definition...
Persistent link: https://www.econbiz.de/10014125917
Why are some nations rich, and others poor? Deep structural change at the rules and institutional level leads poor countries to become rich. Deep structural change is invisible and can only be described qualitatively, whereas change in the surface structure is visible and measurable with unit...
Persistent link: https://www.econbiz.de/10014062196
The authors of this book link productivity change, trade competitiveness, networks of interaction and cooperation and income growth in developing Asian countries with the complex evolutionary processes of economic development and international trade. They take an innovative approach to...
Persistent link: https://www.econbiz.de/10014062197