Slow Convergence? The New Endogenous Growth Theory and Regional Development*
探讨内生增长理论能否解释区域间人均收入收敛缓慢且不连续的现象，指出该理论有区域含义但应用于区域背景时存在重大局限。
Abstract: In economics, interest has 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. endogenous growth,