PRIFYSGOL ABERYSTWYTH UNIVERSITY
DEGREE EXAMINATIONS – May/June 2009
ARHOLIADAU GRADD – Mai/Mehefin 2009
SEMESTER 2
EC36520 – REGIONAL ECONOMICS
Time allowed: TWO hours
Answer TWO questions
1. Discuss the concept of a regional economy with reference to administrative,
cultural and functional criteria, illustrating your answer with reference to one
or more actual regions.
2. What are the main strengths and weaknesses of regional input-output
models? To what extent can the lack of data on inter-regional trade be
overcome by using proxy measures?
3. To what extent can neoclassical growth models provide insights into the
divergence of regional per capita incomes and employment levels?
4. How new is the “New Economic Geography”? How important are small to
medium enterprises in the process of revitalising the fortunes of lagging
regions?
5. How do regional growth processes and the policies which are intended to
influence them vary between (post) industrial and low income countries?
6. Summarise the main features of the history of regional policy in the United
Kingdom from the 1930s to the present. To what extent have political
considerations influenced this story?
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