Chapter

Towards a Theory of Regional Policy

H. Peter Gray and John H. Dunning

in Regions, Globalization, and the Knowledge-Based Economy

Published in print March 2002 | ISBN: 9780199250011
Published online November 2003 | e-ISBN: 9780191596216 | DOI: http://dx.doi.org/10.1093/0199250014.003.0017
 Towards a Theory of Regional Policy

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Offers a theory of regional policy—or more accurately, a theory of policy, at various levels of governance, to deal with the allocation of resources and capabilities between and within subnational spatial areas, which, themselves, may vary considerably in size and function. The necessary building blocks for the theory of regional policy are outlined, and a model of subnational regional policy is presented, operationalized, and extended. Regional policy in a system of knowledge capitalism is discussed, and the dynamic aspects of competition among microregions are addressed.

Keywords: knowledge‐based economy; market competition; models; regional policy; subnational policy; theory

Chapter.  12092 words. 

Subjects: International Economics

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