Regional economics has shared many traditions with regional science, whose earlier development was propelled by Walter Isard and some economists' dissatisfaction with the existing regional economic
analysis. Despite such a rather critical view of regional economics,
however, it is hard to be denied that the "economic" approach to
regional problems was and has been the most significant one throughout
the development of regional science. As a sub-discipline of economics, it has also developed its independent traditions and approaches that conform with the subject matter or perspective of economics.
National Economy (with Alvin Harvey Hansen) and Regions, Resources, and Economic Growth
(with Edgar S. Dunn, Jr., Eric E. Lampard, and Richard F. Muth), denied
the possibility for any break-up of regional studies or regional
science into "parts parallel to the disciplines employed." The second
approach is to conform with the definition of Lionel Charles Robbins
(1932: 15), stated as "Economics is the science which studies human
behaviour as a relationship between ends and scarce means which have
alternative uses," for the economic problems occurring in regions. The
third approach is to define regional economics as a sub-discipline of
economics that addresses spatial general equilibrium. This approach was
emphasized by L. Leferber and H. O. Nourse. The fourth approach is to
define it as a sub-discipline of economics that addresses immobile
resources. This view was supported by G. H. Borts (1960), J. L. Stein
(1961), and J. R. Meyer (1963).
In his Regional Economic Growth (1969), Horst Siebert viewed
regional economics as the study of humans' economic behavior in space.
Drawing from the definition of regional economics as the system of the
scholarly answers to the question "What is where, and why--and so what?"
in An Introduction to Regional Economics (New York: Alfred A. Knopf, 1971; 3rd ed., 1984) by Edgar M. Hoover
and Frank Giarratanai, and from Dubey's (1964: 29) definition of
regional economics as "the study of differentiation and
interrelationships of areas in a universe of unevenly distributed and
imperfectly mobile resources with particular emphasis in application on
the planning of the social overhead capital investments to mitigate the
social problems by these circumstances," it is definable as the study of
the systems of how (much) and where to produce and redistribute what
using scarce resources or public goods.
Well-conducted, and with good health status.
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