The Economics of Regional Policy


The Economics of Regional Policy

9781840640083 Edward Elgar Publishing
Edited by Harvey Armstrong, Professor of Economic Geography, University of Sheffield, UK and Jim Taylor, Professor of Economics, University of Lancaster, UK
Publication Date: 2000 ISBN: 978 1 84064 008 3 Extent: 544 pp
The Economics of Regional Policy presents an extensive overview of this important area of economics. It reprints the most important work by leading scholars in the field.

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The Economics of Regional Policy presents an extensive overview of this important area of economics. It reprints the most important work by leading scholars in the field.

After making the case in favour of regional policies, the book explores the topic of economic disparities between regions including divergent economic growth, the effects of regional migration and wages, and the persistence of disparities in unemployment. It then explores the different regional policy instruments that have been introduced in the United Kingdom and in the United States and Canada and examines their implications. A separate section is devoted to the particular case of the European Union. The final section offers an evaluation of regional policies and their effects on economic efficiency.

This book makes an important contribution to the literature on regional policy and will be a valuable resource to students, academics and policymakers.
25 articles, dating from 1964 to 1997
Contributors include: T. Bayoumi, A. Fatas, N. Kaldor, A.K. Rose, J. Taylor, J. Twomey, C. Wren

Acknowledgements • Introduction
Part I: The Case for Regional Policy
1. D.E. Pitfield (1978), ‘The Quest for an Effective Regional Policy, 1934-37’
2. Colin Wren (1996), ‘Grant Equivalent Expenditure on Industrial Subsidies in the Post-War United Kingdom’
3. L. Needleman and B. Scott (1964), ‘Regional Problems and Location of Industry Policy in Britain’
4. Nicholas Kaldor (1970), ‘The Case for Regional Policies’
Part II: Regional Economic Disparitites
A Convergent or Divergent Growth?
5. Xavier X. Sala-i-Martin (1996), ‘The Classical Approach to Convergence Analysis’
6. Paul Cheshire and G. Carbonaro (1996), ‘Urban Economic Growth in Europe: Testing Theory and Policy Prescriptions’
7. Paul Krugman and Anthony J. Venables, (1995), ‘Globalization and the Inequality of Nations’
B Factor Migration and Regional Disparities
8. Ian Molho (1986), ‘Theories of Migration: A Review’
9. Christopher A. Pissarides and Ian McMaster (1990), ‘Regional Migration, Wages and Unemployment: Empirical Evidence and Implications for Policy’
10. Tamim A. Bayoumi and Andrew K. Rose (1993), ‘Domestic Savings and Intra-National Capital Flows’
11. Keith Head, John Ries and Deborah Swenson (1995), ‘Agglomeration Benefits and Location Choice: Evidence from Japanese Manufacturing Investments in the United States’
C The Persistence of Regional Disparities in Unemployment
12. Geraint Johnes and Thomas J. Hyclak (1995), ‘The Determinants of Real Wage Flexibility’
13. Jörg Decressin and Antonio Fatás (1995), ‘Regional Labor Market Dynamics in Europe’
Part III: Regional Policy Instruments
14. Tamim Bayoumi and Paul R. Masson (1995), ‘Fiscal Flows in the United States and Canada: Lessons for Monetary Union in Europe’
15. D.J. Storey and Steve Johnson (1987), ‘Regional Variations in Entrepreneurship in the U.K.’
16. Joseph Friedman, Daniel A. Gerlowski and Johnathan Silberman (1992), ‘What Attracts Foreign Multinational Corporations? Evidence from Branch Plant Location in the United States’
Part IV: Regional Policy in the European Union
17. Michel Quévit (1992), ‘The Regional Impact of the Internal Market: A Comparative Analysis of Traditional Industrial Regions and Lagging Regions’
18. Maurice F. Doyle (1989), ‘Regional Policy and European Economic Integration’
19. Antonio Fatás (1997), ‘EMU: Countries or Regions? Lessons from the EMS Experience’
Part V: Evaluation of Regional Policy
20. Barry Moore and John Rhodes (1973), ‘Evaluating the Effects of British Regional Policy’
21. Jim Twomey and Jim Taylor (1985), ‘Regional Policy and the Interregional Movement of Manufacturing Industry in Great Britain’
22. Colin Wren and Michael Waterson (1991), ‘The Direct Employment Effects of Financial Assistance to Industry’
23. Frank Harrigan, Peter G. McGregor and J.K. Swales (1996), ‘The System-wide Impact on the Recipient Region of a Regional Labour Subsidy’
24. Kim Swales (1997), ‘A Cost-Benefit Approach to the Evaluation of Regional Selective Assistance’
25. John A. Schofield (1976), ‘Economic Efficiency and Regional Policy’

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