Does manufacturing matter? A spatial econometric view of Kaldor's laws

In the late 1960s, Nicholas Kaldor put forth 3 propositions, often referred to as `Kaldor's laws', regarding the causes of economic growth. Takes a fresh look at these laws; argues that they are especially relevant to regional economic development because of their implications for the appr...

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Bibliographic Details
Published in:Journal of regional science 1996-08, Vol.36 (3), p.463-477
Main Author: BERNAT, G.A
Format: Article
Language:English
Subjects:
Bgi / Prodig
Econometrics
Economic development
Economic growth
Economic models
Economic theories
Factors
Human geography
Kaldor, Nicholas
Manufacturing
Manufacturing industries
Political and economic geography
Productivity
Public policy
Regional economy and planning
Studies
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Summary:In the late 1960s, Nicholas Kaldor put forth 3 propositions, often referred to as `Kaldor's laws', regarding the causes of economic growth. Takes a fresh look at these laws; argues that they are especially relevant to regional economic development because of their implications for the appropriate role of public policy in spurring the economic growth of lagging regions.
ISSN:0022-4146
1467-9787
DOI:10.1111/j.1467-9787.1996.tb01112.x