The DOI matches its Crossref record; 122 of the 122 references it cites were found in a registry or an index.
Slow Convergence? The New Endogenous Growth Theory and Regional Development*
Abstract
Abstract: In economics, interest has revived in economic growth, especially in long‐term convergence in per capita incomes and output between countries. This mainly empirical debate has promoted the development of endogenous growth theory, which seeks to move beyond conventional neoclassical theory by treating as endogenous those factors—particularly technological change and human capital— relegated as exogenous by neoclassical growth models. The economists at the forefront of the formulation of endogenous growth theory and the new growth empirics have begun to use long‐term regional growth patterns to test and develop their ideas. Their analyses suggest that regional convergence is a slow and discontinuous process. In this paper we consider whether endogenous growth theory can help to explain this finding. We argue that endogenous growth theory has important regional implications, but also major limitations when applied to a regional context. endogenous growth,
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Cites
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Lucas, R. E. (1988) · Journal of Monetary Economics · doi:10.1016/0304-3932(88)90168-7 · Cited by 24,085
Increasing returns and long-run growth
Romer, P. M. (1986) · Journal of Political Economy · doi:10.1086/261420 · Cited by 20,149
Endogenous Technological Change
Romer, P. M. (1990) · Journal of Political Economy · doi:10.1086/261725 · Cited by 17,711
The Competitive Advantage of Nations
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The Competitive Advantage of Nations
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A Contribution to the Empirics of Economic Growth
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Endogenous Technological Change
Romer, P. (1989) · National Bureau of Economic Research · doi:10.3386/w3210 · Cited by 13,303
Economic Growth in a Cross Section of Countries
Barro, R. J. (1991) · The Quarterly Journal of Economics · doi:10.2307/2937943 · Cited by 9,263
Economic Growth in a Cross Section of Countries
Barro, R. (1989) · National Bureau of Economic Research · doi:10.3386/w3120 · Cited by 8,385
Cited by
Deconstructing clusters: chaotic concept or policy panacea?
Martin, R., & Sunley, P. (2003) · Journal of Economic Geography · doi:10.1093/jeg/3.1.5 · Cited by 2,234
Self-citationSocial capital and growth in European regions: an empirical test
Beugelsdijk, S., & van Schaik, T. (2005) · European Journal of Political Economy · doi:10.1016/j.ejpoleco.2004.07.004 · Cited by 407
Arregle, J., Miller, T. L., Hitt, M. A., & Beamish, P. W. (2013) · Strategic Management Journal · doi:10.1002/smj.2051 · Cited by 214
Metadata
- Authors
- Martin, R., & Sunley, P.
- Venue
- Economic Geography
- Publisher
- Wiley
- Published
- 1998-07
- Volume
- 74
- Issue
- 3
- Pages
- 201-227
- ISSN
- 0013-0095 (ISSN-L)
- 1944-8287
- OpenAlex
- W2093559938
- Cited by
- 470
- References
- 122
- FWCI
- 20.96
- Type
- journal article
- Language
- en
- Open access
- closed
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