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The 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.
Edited by Neri Salvadori, Professor of Economics, University of Pisa, Italy, Pasquale Commendatore, Associate Professor of Economics, University of Naples ‘Federico II’, Italy and Massimo Tamberi, Associate Professor of Economics, Polytechnic University of Marche, Italy
Contents:IntroductionPasquale Commendatore, Neri Salvadori and Massimo TamberiPART I: THE IMPACT OF GEOGRAPHICAL FACTORS: ASPECTS OF LOCATION AND SPECIALIZATION1. Footloose Capital and Productive Public ServicesPasquale Commendatore, Ingrid Kubin and Carmelo Petraglia2. FDI, Mode of Entry and Corporate GovernanceGiuseppina Maria Chiara Talamo3. Natural Resources and Social Conflict: An Explanation of Sub-Saharan Countries’ StagnationDavide Fiaschi4. The Changing Location of European Industry: A Twofold Geographical PerspectiveEleonora Cutrini5. Specialize Rightly or DeclineAlessia Lo Turco and Massimo Tamberi6. South–South Regional Trade Agreements, Comparative Advantage and Industrial Growth: Evidence from MERCOSUR CountriesAlessia Lo TurcoPART II: THE PROCESS OF STRUCTURAL CHANGE AND THE ROLE OF DUALISM7. Myrdal, Growth Processes and Equilibrium TheoriesCarlo Panico and Maria Olivella Rizza8. The Legacy of Dualism in New Growth TheorySalvatore Capasso and Maria Rosaria Carillo9. Distribution of Agricultural Surplus and Industrial TakeoffEnnio Bilancini and Simone D’Alessandro10. Dualism and the Big PushGiovanni Valensisi11. Labour Productivity and Technological Capability: An Econometric Analysis on the Italian RegionsGiulio GuariniIndex
'. . . 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.'