Regional Growth Theory - Harry W. [Ward] RichardsonMacmillan, 1974, Hardback in Dust Wrapper.
Condition: Very Good — in Good+ Dust Wrapper. A little rubbing to the edges of the dust wrapper which is a little rubbed overall. Text complete, clean and tight.
2nd printing. [First Published: 1973]
From the cover: “This book develops a theory of regional economic growth that attempts to integrate space and distance into the analysis of the regional growth differentials. This requires an explanation of the phenomena of concentration and agglomeration in the space economy, and their force relative to dispersion tendencies. It is argued that a satisfactory theory must be capable of simultaneously explaining unbalanced growth in the interregional system and the spatial unevenness of development within each region.
The book also contains a review of the current state of regional growth theory. In particular, considerable stress is laid on the irrelevance of neoclassical assumptions in regional analysis. The theory developed places much emphasis on the concepts of agglomeration economies and locational preferences, the importance of which illustrates the inadequacies of the price mechanism as a spatial allocator of resources. It is also argued that it is vital to take account of the urban dimension of regional development and to analyse how the spatial structure influences resource mobility.
Although the analysis is primarily theoretical, the objective throughout is to shed light on the regional growth process in the real world and to make regional growth theory more relevant to policy-makers. In particular, efforts are made to structure the model in a testable form, while the problems of empirical verification and the policy implications of regional growth theory are also discussed.”