Regional policy: Rationale, foundations and measurement of eff ects

Jouke van Dijk*, Henk Folmer, Jan Oosterhaven

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingChapterAcademicpeer-review

4 Citations (Scopus)

Abstract

This chapter starts with the two dilemmas that determine the rationale of regional policy: place prosperity versus people prosperity and interregional equity versus national efficiency. Second, it gives an overview of eight theories of regional development on which regional policy may be based: neoclassical growth, endogenous growth, post-Fordism, social capital, new economic geography, evolutionary geography, demand-driven export competition and learning regions. Thirdly, the choice of policy instruments is discussed, the most strategic being that between moving workers to the work versus moving work to the workers. Instruments to do the latter are either of a redistributive or endogenous growth type. Finally, this chapter evaluates micro and regional approaches to measure the impacts of regional policy instruments.
Original languageEnglish
Title of host publicationHandbook of Regional Growth and Development Theories
Subtitle of host publicationRevised and Extended Second Edition
EditorsRoberta Capello, Peter Nijkamp
Place of PublicationCheltenham
PublisherEdward Elgar Publishing
Chapter26
Pages550-572
Number of pages23
ISBN (Electronic)9781788970020
ISBN (Print)9781788970013
DOIs
Publication statusPublished - 26-Jul-2019

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