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Contributions of Regional Economic Theory

Chapter
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Part of the Macmillan Studies in Economics book series (MSE)

Abstract

The potential contribution of micro-economics to the framing of regional policy lies in the fuller understanding of the factors influencing individual location decisions. Most weapons of regional policy in mixed economies are directed towards influencing these individual decisions: hence, greater knowledge of the preference functions enables the selection of policy instruments to be more scientific.

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Copyright information

© Frank J. B. Stilwell 1972

Authors and Affiliations

  1. 1.University of SydneyAustralia

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