SOME UNRESOLVED ISSUES IN MEASURING REGIONAL GROWTH
Environmental policy, Economic growth, Consumer economics, Capital depreciation, Income distribution, Environmental quality, Natural resources, Workforce, Social costs
Only since World War II has Regional Economics become a definable and separate field. In this milieu of base industries, input-output tables, and multipliers many concepts and techniques have been and are being developed. Despite all this progress, it is my contention in this paper that our failure to conceptualize adequately the basic concept of economic growth is responsible for some analytical impotence in Regional Economics. In a recent television program (Face the Nation, April 13, 1969) Arthur Burns said, "that before anything can be evaluated it must be grasped intellectually." Professor Burns is one of the most venerated gurus around Washington these days, and his advice can be aptly applied to the problems of economic growth. The first section of the paper deals with our traditional concepts of growth and ways it is usually measured. The second contains some observations as to why the concept needs to be improved and how, in principle, this might be done. The third discusses some implications for research and planning.
Original Publication Citation
Gardner, B. Delworth. “SOME UNRESOLVED ISSUES IN MEASURING REGIONAL GROWTH.” Proceedings, Annual Meeting (Western Agricultural Economics Association), vol. 42, 1969, pp. 246–253. JSTOR, JSTOR, www.jstor.org/stable/43913065.
BYU ScholarsArchive Citation
Delworth, B. Gardner, "SOME UNRESOLVED ISSUES IN MEASURING REGIONAL GROWTH" (1969). Faculty Publications. 2194.
Western Agricultural Economics Association
Family, Home, and Social Sciences
Proceedings, Annual Meeting (Western Agricultural Economics Association) © 1969 Western Agricultural Economics Association