This book draws on the expertise of both North American and European specialists of regional economics, evaluating the impact of economic policy in certain regions and considering alternative policies to foster regional economic development and improve the employment and income of the residents of these regions. Martinez-Vazquez and Vaillancourt have gathered chapters from a renowned international pool of experts, arguing for the importance of human capital in the regional economics process. The first section of the book examines the policy tools and process relevant to regional development, presenting evidence on both the American and Irish experience. The second focuses on the empirical evidence on the impact of taxes and public spending in Canada and the USA. The third examines methodological issues, looking particularly at Spain and Poland.
Jorge Martinez-Vazquez is Professor of Economics and Director of the International Studies Programme at the Andrew Young School of Policy Studies, Georgia State University. Francois Vaillancourt is Professor of Economics at the Universite de Montreal.
1. Regional Development: Challenge and Public Policy Jorge Martinez-Vazquez and Francois Vaillancourt 2. Regional Divergence in the Euro Area Jose Manuel Gonzalez-Paramo 3. On the Government's Role in Regional Economic Development Michael I. Luger and Nicholas C. Maynard 4. Human versus Physical Capital: Government's Role in Regional Development Ann Markusen 5. Regional Innovation Systems and Public Policy: Ireland's Medical Technology Cluster Roy Green and Johanna Fahy 6. Unbalanced Development and Regional Governments: How Much Equalize and How to Equalize? Santiago Lago-Penas 7. Human Capital Externalities and Regional Development: Evidence for Canada - 2000 Varvara Rakova and Francois Vaillancourt 8. The Role of Public Services and Taxes in Attracting 'Foreign' Direct Investment Timothy GoodSpeed, Jorge Martinez-Vazquez and Li Zhang 9. Regional Economic Integration and Budget Financing: Looking towards International Markets? Luiz de Mello 10. Do New Highways Attract Business?: A New Microeconometric Methodology Teresa Garcia-Mila and Jose G. Montalvo 11. Regional Growth and Environmental Regulation: Friends or Enemies? Giorgio Brosio 12. Methodological Dilemmas in Regional Strategy Building Grzegorz Gorzelak 13. Methodological Dilemmas in Regional Strategy Building Grzegorz Gorzelak
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