Regional Economics: A Reader

254 Pages·1970·23.533 MB·English

by  Harry W. Richardson (eds.)

REGIONAL ECONOMICS
A Reader
Other books by Harry W. Richardson
Economic Recovery in Britain, I932-39
Building in the British Economy between the
Wars (with Derek H. Aldcroft)
Regional Economics: Location Theory
Urban Structure and Regional Change
Elements of Regional Economics
The British Economy, I87o-I939 (with Derek H. Aldcroft)
REGIONAL
ECONOMICS
A Reader
edited by
Harry W. Richardson
Director, Centre for Research in the Social Sciences,
University of Kent at Canterbury
Palg rave Macmillan
ISBN 978-0-333-10974-8 ISBN 978-1-349-15404-3 (eBook)
DOI 10.1007/978-1-349-15404-3
Introduction, selection and editorial matter
© Harry W. Richardson 1970
Softcover reprint of the hardcover 1st edition 1970 978-0-333-10970-0
All rights reserved. No part of this pubHeation
may he reproduced or transmitted, in any form or
by any means, without permission.
First published I970 by
MACMI LLAN AND CO L TD
London and Basingstoke
Associated companies in New York Toronto
Dublin Melbourne Johannesburg and Madras
SBN 333 10970 8 (hard cover)
333 10974 0 (paper cover)
Library of Congress catalog card no. 7o-137433
Contents
Preface
Vll
Acknowledgements IX
List of Abbreviations
X
Introduction
I
I. Losch on Location. Stefan Valavanis 32
2. Game Theory, Location Theory and Industrial Agglo-
meration. Walter Isard 42
3. Estimation of Differential Employment Multipliers in
a Small Regional Economy. Steven J. Weiss and
Edwin C. Gooding 55
4. Regional Multipliers A.J. Brown and associates 69
5. The Construction of Interregional Business Cycle
Models Joseph Airov 72
6. Towards a Theory of Interregional Fiscal Policy Alan
T. Peacock 88
7. Towards the Application of Dynamic Growth Theory
to Regions L. M. Hartman and David Seckler 98
8. Regional Income Differences within a Common
Market Erling Olsen 107
9. The Costs and Returns of Human Migration Larry
A. Sjaastad I 15
10. Development Pole Theory in a Regional Context
Niles M. Hansen 134
I I. Interregional Variations in Cyclical Sensitivity to Un
employment in the U.K., 1949-1964 C. P. Harris and
A. P. Thirlwall 150
12. Long-Range Forecasting with a Regional Input-Output
Model William H. Miernyk 167
13. Appropriate Goals for Regional Economic Policy
Benjamin Chinitz 180
VI Contents
14. A Regional Payroll Tax J. P. Hutton and K. Hartley 189
IS. A Short Course in Model Design Ira S. Lowry 201
16. Implications of Threshold Theory for Urban and
Regional Planning Boleslaw Malisz 220
Suggestions for Further Reading 231
Notes on Contributors 234
Index of Names 239
Index of Subjects 243
Preface
This book reprints sixteen mainly recent articles on regional
economics. The criteria for selection are explained in the intro
duction, where the reader's attention is drawn to related research.
I am grateful to the authors for permission to make minor amend
ments and to prune the number of notes. I should especially like
to thank Professor Joseph Airov for allowing me to make sub
stantial modifications to his paper in order to simplify it into a
form suitable for undergraduates. I am indebted to Mrs Sally
Maxwell for efficient typing.
HARRY W. RICHARDSON
Acknowledgements
Permission to reprint the articles published in this volume is
acknowledged from the following sources:
I. The American Economic Association.
2. Walter Isard and the Regional Science Association.
3. Steven J. Weiss and Edwin C. Gooding and the Regents of
the University of Wisconsin.
4. A. J. Brown and the National Institute of Economic and
Social Research.
5. Joseph Airov and the Regional Science Research Institute.
6. Alan T. Peacock and Stichting Tijdschrift voor Openbare
Financien.
7. L. M. Hartman and David Seckler and the Regional Science
Research Institute.
8. Erling Olsen and the Regional Science Association.
9. Larry A. Sjaastad and the University of Chicago Press.
10. Niles M. Hansen and Kyklos-Verlag, Basel.
I I. C. P. Harris and A. P. Thirlwall and Basil Blackwell,
Oxford.
12. William H. Miernyk and the Western Economic Associa
tion.
13. Benjamin Chinitz and the Editor of Urban Studies.
14. J. P. Hutton and K. Hartley and the Clarendon Press,
Oxford.
15. Ira S. Lowry, the RAND Corporation and the Journal of the
American Institute of Planners
16. Boleslaw Malisz and the Journal of the Town Planning
Institute.
List of Abbreviations
AER American Economic Review
EJ Economic Journal
Em Econometrica
JAIP Journal of the American Institute of Planners
JPE Journal of Political Economy
JRS Journal of Regional Science
OEP Oxford Economic Papers
PPRSA Papers and Proceedings of the Regional Science Association
QJE Quarterly Journal of Economics
REfSS Review of Economics and Statistics
SEJ Southern Economic Journal