Science and Technology Policy

M. V. Heitor, R. Wilson

 

COURSE OBJECTIVES

COURSE REQUIREMENTS AND STUDENT EVALUATION

SCHEDULE

READINGS


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COURSE OBJECTIVES:

Economic structure and rates of economic growth vary across space, as observed in urban-rural, center city-suburb and interregional differentials. This course explores the theoretical explanations and empirical analyses of the functioning of spatial economies and provides a conceptual and analytical framework for investigating those aspects of urban and regional economies that are relevant to local, regional, and federal governance and policy issues.

The course is introduced through a discussion of the evolution of the spatial economy and of urban form. The effects of recent structural economic change, linked in part to changes in the world economy and technological change, on cities and regions will be examined. In the following segment attention turns to theoretical and conceptual explanations for uneven economic development across space and to theories of urban and regional economic growth. This segment examines various analytical techniques--including location quotients, input-output models, and regional econometric models--used in spatial analysis. The final segment of the course is concerned with public policies for promoting regional and urban development.


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COURSE REQUIREMENTS AND STUDENT EVALUATION:

The evaluation of students will be based on three pieces of work--two take home exams and a term paper.

The term paper consists of a profile and analysis of the economy of a region or city in Europe. The paper is to have four elements: (1) an interpretive economic history, (2) a data intensive, demographic and economic description, using techniques presented in class, of the economy at two points in time, in order to identify changes over time, (3) an interpretation and explanation of economic change, and (4) recommendations on development strategies.


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SCHEDULE:

Date

Topic

04/28

INTRODUCTION: Engineering and S&T Policy - The case of Portugal (M Heitor)

05/12

I. Spatial Economics: An Introduction

05/19

II. Cities and Innovation: Lessons from History

05/26

III. Restructuring of the U.S. Economy and Globalization

06/02

IV. Telecommunications and Economic Development

06/09

V. Techniques of Urban and Regional Economic Analysis I: Location Quotients, Shift-Share Analysis, Export Base Models, and Input-Output Models

06/16

VI Interregional Disparities, Factor Mobility and Regional Development

06/23

VII. Urban and Regional Economic Growth Theory

06/30

VIII. Strategies for Urban and Regional Development


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READINGS:

Introductory Topic: Engineering and S&T Policy - The case of Portugal

Which are the requirements for S&T Policies? Which specific requirements for Portugal?

Topic I. Spatial Economics: An Introduction

What factors influence the process of urbanization and development? What role do global forces play in shaping national economies?

Paul Knox and John Agnew, The Geography of the World Economy, third edition (London: Arnold, 1998), Chapters 1, 4, and 5.

Higgins, Benjamin, and Donald Savoie, Regional Development Theories and Their Application (New Brunswick: Transaction Publishers, 1995), Chapters 1-2.

World Bank, Entering the 21st Century:; World Development Report 1999/2000, (New York, Oxford University Press, 2000), Chapter 6.

Topic II. Cities and Innovation: Lessons from History

How and why do innovative technologies, innovative ways of industrial management, create new and innovative industries. How do they come to be developed in certain times and places?

Peter Hall, Cities in Civilization (New York: Pantheon Books, 1998), pp. 291-500 (Book Two: The City as Innovative Milieu).

Topic III: Restructuring of the U.S. Economy and Globalization

How have contemporary technological change and globalization affected the US economy? What are the most prominent features of structural economic change and of the emerging (referred to by some as the post-industrial or information) economy? How has the economic geography, at the regional and urban level, of the country been affected?

Knox and Agnew, The Geography of the World Economy, pp. 97-113, Chapters 6 and 7.

Wilson, Robert H., States and the Economy: Policymaking and Decentralization, (Westport Conn.: Praeger, 1993) Chapter 2 (revised).

Sassen, Saskia, Cities in a World Economy (Thousand Oaks, CA: Pine Forge Press, 1994), Chapter 2.

Topic IV. Telecommunications and Economic Development

Why are telecommunications and education important infrastructures for the emerging economy? What role does government play in supplying these infrastructures? Can state or local governments obtain comparative advantages in the supply of these infrastructures?

Moss, Mitchell L., "Technology and Cities," Cityscape: A Journal of Policy Development and Research (http://www.huduser.org/publications/periodicals/cityscape/index.html), vol. 3, no. 3 (1998), pp. 107-128.

Graham, Stephen, and Simon Marvin, Telecommunications and the City: Electronic Spaces, Urban Places (New York, NY: Routledge, 1996), Chapter 4.

Wilson, Robert, "the Impact of Telecommunications on Economic Development and Cities (mimeo, November 1999)

Topic V: Techniques of Urban and Regional Economic Analysis I: Location Quotient, Shift-Share Analysis, Export Base Models, and Input-Output Models

How can export specialization be determined from the location quotient analysis? In the shift-share analysis, what is the difference between growth due to sectoral mix and growth due to competitive position? What are the limitations, conceptual and in terms of data requirements, of each technique examined?

Bendavid-Val, Avrom, Regional Economic Analysis for Practitioners (New York: Praeger, 1991) Chapter 7.

Handouts-Export Base and Area Income Models, Indicators of Regional Economic Structure, Shift Share Analysis, Input-Output Models

Rees, John, "Regional Industrial Shifts in the U.S. and the Internal Generation in Growth Centers of the U.S." in Wheaton, W. C. (ed.), Interregional Movements and Regional Growth (Washington, D.C.: Urban Institute, 1979), pp. 51-73.

Miernyk, William, The Elements of Input-Output Analysis (New York: Random House, 1962), Chapter 2.

Topic VI: Interregional Disparities, Factor Mobility and Regional Development

What is relation between trade and regional specialization? Why does the mix in factors of production vary among regions? What will cause regional specialization to change over time? How do flows of factor of productions affect the regional economies? Will regional differences increase or decrease over time? How does enhanced capital mobility affect regional development?

Nelson, Arthur C., "Theories of Regional Development," in Bingham, Richard D. and Robert Mier, Theories of Local Economic Development: Perspectives from Across the Disciplines (New Berry Park, CA: Sage, 1993) , pp. 27-57.

Higgins and Savoie, Regional Development Theories and Their Application, pp. 55-65.

Handout-Interregional Flow of Labor and Capital.

Bendavid-Val, Avrom, Regional Economic Analysis for Practitioners (New York: Praeger, 1991), Chapters 5, 6.

Williamson, J., "Regional Inequality and the Process of National Development: A Description of the Patterns," Economic Development and Cultural Change, 13, 4 (July 1965), pp. 3-45. Also in Friedmann and Alonso, Regional Policy Readings in Theory and Applications, pp. 159-200.

Topic VII: Urban and Regional Economic Growth Theory

How can transportation costs affect the location of firms? Why do regions export and what effect does exporting have on a region's economy? Interindustry linkages play what role in development? How can one relate growth prospects of a city or region to economic structure? What impact does current economic change have on growth prospects of regions?

Thompson, W. R., A Preface to Urban Economics (Baltimore, MD: The Johns Hopkins Press for Resources for the Future, Inc., 1965), Chapter 1.

Blair, John P., and Robert Premus, "Location Theory," in Bingham and Mier, Theories of Local Economic Development, pp. 3-26.

North, D., "Location Theory and Regional Economic Growth" in Friedmann and Alonso, Regional Policy Readings in Theory and Applications, pp. 332-347.

Tiebout, Charles M., "The Community Economic Base Study," Supplementary Paper No. 16 (New York: Committee for Economic Development, 1962).

 

Topic VIII. Strategies for Urban and Regional Development

What role do state and provincial governments play in the economy? What roles can government play in promoting economic development? How does the structure of government (federalist Vs unitary system, common markets) affect economic geography and development policy? How have changes in economic geography and decentralized development policymaking interacted?

Wilson, States and the Economy, Chapters 4 and 5.

Barnes, William, and Larry C. Ledebur, The New Regional Economies (Thousand Oaks, CA.; Sage, 1998), Chapters 6 and 10.

Luger, Michael I. and Harvey A. Goldstein, "What is the Role of Public Universities in Regional Economic Development?" in Bingham, Richard D. and Robert Mier, Urban Affairs Annual Reviews 47: Dilemmas of Urban Economic Development (New Berry Park, CA: Sage, 1997), pp. 104-134.

Voytek, Kenneth and Larry Ledebur, "Is Industry Targeting a Viable Economic Îvelopment Strategy?" in Bingham, Richard D. and Robert Mier, Urban Affairs Annual Reviews 47: Dilemmas of Urban Economic Development (New Berry Park, CA: Sage, 1997), pp. 171-194.

Porter, Michael, "The Competitive Advantage of the Inner City," Harvard Business Review, May-June 1995, pp. 55-71.


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