Evolution in Economic Geography: Institutions, Regional Adaptation and Political Economy

MacKinnon, D., Cumbers, A. , Pike, A. and Birch, K. (2007) Evolution in Economic Geography: Institutions, Regional Adaptation and Political Economy. Working Paper. Centre for Public Policy for Regions.

MacKinnon, D., Cumbers, A. , Pike, A. and Birch, K. (2007) Evolution in Economic Geography: Institutions, Regional Adaptation and Political Economy. Working Paper. Centre for Public Policy for Regions.

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Abstract

Economic geography has, over the last decade or so, drawn upon ideas from evolutionary economics in trying to understand processes of regional growth and change, with the concept of path dependence assuming particular prominence. Recently, some prominent researchers have sought to delimit and develop an evolutionary economic geography (EEG) as a distinct approach, aiming to create a more coherent and systematic theoretical framework for research. This paper contributes to debates on the nature and development of EEG. It has two main aims. First, we seek to restore a broader conception of social institutions and agency to EEG, informed by the recent writings of institutional economists like Geoffrey Hodgson. Second, we link evolutionary concepts to political economy approaches, arguing that the evolution of the economic landscape must be related to the broader dynamics of capital accumulation, centred upon the creation, realisation and geographical transfer of value. As such, we favour the utilisation of evolutionary and institutional concepts within a geographical political economy approach rather than the construction of a separate and theoretically ‘pure’ EEG; evolution in economic geography, not an evolutionary economic geography.

Item Type:Research Reports or Papers (Working Paper)
Additional Information:Working Paper No.12
Status:Published
Glasgow Author(s) Enlighten ID:MacKinnon, Dr Daniel and Cumbers, Professor Andrew and Birch, Mr Kean
Authors: MacKinnon, D., Cumbers, A., Pike, A., and Birch, K.
College/School:College of Science and Engineering > School of Geographical and Earth Sciences
College of Social Sciences > Adam Smith Business School > Management
College of Social Sciences > School of Social and Political Sciences > Urban Studies
Publisher:Centre for Public Policy for Regions
Copyright Holders:Copyright © 2007 The Authors
Publisher Policy:Reproduced with permission of Authors

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