Description

Regional differences within OECD countries are often greater than those between countries and much inequality remains. This report explores what generates growth at the regional level. Based on in-depth econometric modelling and analyses, this report reframes the debate on regional policy and development, emphasising that opportunities for growth exist in all regions. Table of contents in English Acronyms and Abbreviations Executive Summary Chapter 1. Overall Growth Trends Chapter 2. Analysing the Components of GDP Growth Chapter 3. Assessing the Impact of the Main Determinants of Regional Growth: A Parametric Analysis References Annex A. The Components of Regional Growth Annex B. Methodology for Decomposition of Factors and Growth Annex C. Summary of Neoclassical and Endogenous Growth Models Annex D. Main Models of the New Economic Geography Annex E. Distance and Accessibility Annex F. Spacial Econometrics