000			01673cam a2200229 4500500
005			20250112034749.0
041			_afre
042			_adc
100	1	0	_aMartin, Ron _eauthor
700	1	0	_a Sunley, Peter _eauthor
245	0	0	_aA Slow Convergence? The New Theory of Endogenous Growth and Regional Development
260			_c2005.
500			_a39
520			_aIn economics, interest has been revived in economic growth, especially in long-term convergence in per capita incomes and output between countries. This mainly empirical debate has promoted the development of endogenous growth theory, which seeks to move beyond conventional neoclassical theory by treating as endogenous those factors —particularly technological change and human capital— relegated as exogenous by neoclassical growth models. The economists at the forefront of the formulation of endogenous growth theory and the new growth empirics have begun to use long-term regional growth patterns to test and develop their ideas. Their analyses suggest that regional convergence is a slow and discontinuous process. In this paper we consider whether endogenous growth theory can help to explain this finding. We argue that endogenous growth theory has important regional implications, but also major limitations when applied to a regional context.
690			_aendogenous growth
690			_aregional convergence
690			_atechnology
690			_aexternalities
690			_ahuman capital
786	0		_nGéographie, économie, société | 7 | 2 | 2005-06-01 | p. 129-154 | 1295-926x
856	4	1	_uhttps://shs.cairn.info/journal-geographie-economie-societe-2005-2-page-129?lang=en
999			_c169540 _d169540