Description
Book SynopsisThe authors in this book regard the process of economic expansion as a non-homogeneous and multifaceted phenomenon, which has deeply affected human welfare, and cultural, social and political change. The book is a bridge between the theorists (Rosenstein-Rodan, Lewis, Myrdal, and Hirschmann) who in the post-war period analyzed regional inequalities, structural change and dualism, and the modern literature on economic growth. The latter has emphasized the existence of multiple equilibria, bifurcations and various types of dynamic complexity, and clarified the conditions for the emergence of phenomena such as cumulative causation, path dependence and hysteresis. These are the typical ingredients of structural change, economic development or underdevelopment.
Investigating the 'mechanisms of economic development', this book will be of great interest to researchers and postgraduate students, especially those oriented towards the study of structural and geographical aspects of economic growth and development.
Trade Review'. . . this book provides a coherent picture of new developments and applications in economic geography with regards to explaining structural change. There is a healthy mix of new theoretical developments and elaborations of the foundational neoclassical economic models, economic growth models, econometric modeling, and hypothesis testing.' -- Dayton M. Lambert, The Review of Regional Studies
'The volume is carefully edited and has a nice general format. The index at the end should be of great help for people looking for specific topics. . . it is quite likely that scholars on geography and structural change will find at least some chapter quite relevant to their own research.' -- Ola Olsson, Papers in Regional Science
Table of ContentsContents: Introduction Pasquale Commendatore, Neri Salvadori and Massimo Tamberi PART I: THE IMPACT OF GEOGRAPHICAL FACTORS: ASPECTS OF LOCATION AND SPECIALIZATION 1. Footloose Capital and Productive Public Services Pasquale Commendatore, Ingrid Kubin and Carmelo Petraglia 2. FDI, Mode of Entry and Corporate Governance Giuseppina Maria Chiara Talamo 3. Natural Resources and Social Conflict: An Explanation of Sub- Saharan Countries’ Stagnation Davide Fiaschi 4. The Changing Location of European Industry: A Twofold Geographical Perspective Eleonora Cutrini 5. Specialize Rightly or Decline Alessia Lo Turco and Massimo Tamberi 6. South–South Regional Trade Agreements, Comparative Advantage and Industrial Growth: Evidence from MERCOSUR Countries Alessia Lo Turco PART II: THE PROCESS OF STRUCTURAL CHANGE AND THE ROLE OF DUALISM 7. Myrdal, Growth Processes and Equilibrium Theories Carlo Panico and Maria Olivella Rizza 8. The Legacy of Dualism in New Growth Theory Salvatore Capasso and Maria Rosaria Carillo 9. Distribution of Agricultural Surplus and Industrial Takeoff Ennio Bilancini and Simone D’Alessandro 10. Dualism and the Big Push Giovanni Valensisi 11. Labour Productivity and Technological Capability: An Econometric Analysis on the Italian Regions Giulio Guarini Index
