|Table of Contents|
|---|
|**_1_**<br>**_How Regional Economies Work ........................................................................................ 3_**|
|**1.1**<br>**An overview of policy proposals ......................................................................................... 7**|
|**_The Early Regional Policies – Sticks and Carrots_**............................................................................................. 7|
|**_Growth Poles and Growth Centers_**..................................................................................................................... 8|
|**_Portfolio Theory_**.................................................................................................................................................. 8|
|**_Industrial Complexes and Cluster Strategies_**..................................................................................................... 9|
|**_The Role of the Creative Class: A New Take on Key Sectors_**.......................................................................... 10|
|**_Smart Specialization_**.......................................................................................................................................... 11|
|**1.2**<br>**Avoiding “one size fits all” pitfalls in terms of diagnosis and policy prescriptions .......... 13**|
|**_2_**<br>**_What Have Regional Policies Missed? ............................................................................ 14_**|
|**2.1**<br>**Critical nature of internal heterogeneity .......................................................................... 14**|
|**2.2**<br>**Identifying spatial interconnections – trade in goods and services, trade in people,**<br>**innovations, interregional income transfers ................................................................................. 14**|
|**2.3 Addressing socio-cultural barriers and increasing concerns about increased inequality ....... 16**|
|**2.4 Challenging the regional equity-national efficiency trade-off – solutions to some regional**<br>**problems may enhance national efficiency ................................................................................... 16**|
|**_3_**<br>**_Exploring Regional Structure .......................................................................................... 17_**|
|**_4_**<br>**_Regional Economic Analysis Methods: Introduction and Selective Overview ................. 23_**|
|**4.2**<br>**Regional Economic Systems Inventorying ....................................................................... 24**|
|**_The Location Quotient_**...................................................................................................................................... 24|
|**_Related Measures of Concentration_**................................................................................................................. 25|
|**_Industrial Diversity_**............................................................................................................................................ 26|
|**_Common Diversity Indices_**................................................................................................................................ 27|
|**_Key Industries_**.................................................................................................................................................... 29|
|**4.3**<br>**From Individual Key Sectors to Industrial Clusters ........................................................ 29**|
|**_Melding Clustering and Diversification Strategies_**.......................................................................................... 30|
|**4.4**<br>**Identifying Supra-Regional Trends .................................................................................. 31**|
|**_5 Regional Accounts and IO Software .................................................................................... 35_**|
|**Regional Accounts ........................................................................................................................ 35**|
|**IO-Snap ........................................................................................................................................ 36**|
|**REAL I-O Software ...................................................................................................................... 37**|
|**_6_**<br>**_Spatial Analysis of Regional Economies.......................................................................... 38_**<br>|
|**6.1 Inequality, Lorenz Curves and Convergence .......................................................................... 39**<br>|
|<br>**6.2 Spatial**σ**-convergence and Spatial Gini .................................................................................. 39**|

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