Debate in modern theories of regional growth
DOI:
https://doi.org/10.35197/rx.10.03.e2.2014.14.adKeywords:
solow model, keynesian model, neoclassical growth model, new growth theory, economic geography, economies of agglomeration, real business cycle modelsAbstract
How can we explain the differences in economic growth across regions of the country and the world over the past sixty years?
The aim of this study is to review the traditional literature on the main models of regional economic growth. The literature on regional economic growth offers several answers in neoclassical models, as well as in endogenous models that emphasize capital accumulation through externalities, learning and human capital, and endogenous technological progress. The study focuses on the empirical debate and recent theories of regional economic growth.
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Copyright (c) 2014 Alejandro Díaz Bautista, Salvador González Andrade
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