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What is Regional Growth and Change Explained about?

This document discusses two frameworks for explaining regional growth and change: the New Economic Geography (NEG) and the New Neoclassical Urban Economics (NNUE). The NEG focuses on production and sees spatial concentration as endogenous due to scale economies, while the NNUE attempts a single framework incorporating firm location choices, individual residence choices, and developer behavior. Both frameworks make significant contributions but also have gaps in fully explaining spatial economic dynamics and

Author

Martha Mendez

Language

EN