The Economics of the New Europe 1995
DOI: 10.4324/9780203427309.ch14
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The Regional Policy of the European Union

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Cited by 50 publications
(66 citation statements)
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“…Significantly, traditional interpretations of spatial disparities emphasised the economic inefficiency (rather than benefit or dividend) of the geographic overconcentration and centralisation of economic activities in London and the Greater South East (Martin 2008), hampering national economic growth because of the rapid generation of inflationary bottlenecks in factor markets during periods of expansion that were stymied by macro-economic policy before their benefits could trickle down to the peripheral regions (Armstrong and Taylor 2000). Informed by the new economic geography (e.g.…”
Section: Spatial Disparities Spatial Economic Policy and Decentralismentioning
confidence: 99%
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“…Significantly, traditional interpretations of spatial disparities emphasised the economic inefficiency (rather than benefit or dividend) of the geographic overconcentration and centralisation of economic activities in London and the Greater South East (Martin 2008), hampering national economic growth because of the rapid generation of inflationary bottlenecks in factor markets during periods of expansion that were stymied by macro-economic policy before their benefits could trickle down to the peripheral regions (Armstrong and Taylor 2000). Informed by the new economic geography (e.g.…”
Section: Spatial Disparities Spatial Economic Policy and Decentralismentioning
confidence: 99%
“…Given that all measures of fiscal policy have their own regional bias (Short 1981;Armstrong and Taylor 2000), for spatial economic policy we use a proxy of policy (Policy) reflecting direct intervention on income. This consists of the difference between the Gini index calculated on primary household income per head -therefore before direct policy intervention on income -and the same index calculated on GDHI per head 2 .…”
Section: An 'Economic Dividend' Of Devolution In the Uk?mentioning
confidence: 99%
“…Thus, the term 'spatial' does not reflect dissatisfaction with regional economics, but rather it signals the reinvigoration of a subject area from its reconnection to mainstream Economics, and with implications for regional economics. Note: Chapter contents of Part I of Armstrong and Taylor (1985). Local (of which cross-local) 4 8 (7) 5 (3) 17 (12) Regional (of which cross-regional) 20 (15) 17 (12) 11 (7) National (of which cross-national) 2 (0) 7 (6) 4 (2) Other 5 …”
Section: Concluding Discussionmentioning
confidence: 99%
“…Of course, the three questions could be addressed at any spatial scale, but what distinguishes the 'region' from the national economy is its 'openness' (Armstrong and Taylor, 1985). It results in a high degree of interdependence between regions in national space in terms of the trade in goods and services and factor flows in capital and labour, which is facilitated by common legal, political, linguistic, institutional and cultural arrangements, and by weak barriers to trade and mobility.…”
Section: The Origins Of Regional Economicsmentioning
confidence: 99%
“…The environment (and, in general, the resource sector) can also be included as one of the inputs or outputs related to the production of goods and services. In this way, the system-wide impacts of tourist expenditures in a regional economy can be traced (see also Armstrong and Taylor, 1993). A more simplified approach to the estimation of regional tourist multipliers has been developed by Archer (1976) who made a distinction between tourismaligned and non-tourism-aligned sectors.…”
Section: Assessment Of Regional Tourist Income Multipliersmentioning
confidence: 99%