Uncertainty, location and regional economic growth
Date
1967
Authors
Webber, Michael John
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Abstract
Economic activity is unevenly distributed over space. Population, income
and productive assets are largely concentrated in a few nations; within a
nation, one or a few regions usually predominate; and a few cities and
towns normally contain much of the productive assets and activity of a
region. The immediate and most important task of location theory is
therefore to provide reasons why activity is spatially concentrated. The
causes adduced to explain the existence of areas of intense activity are
then used as frameworks within which theory analyses the location of these
concentrations, their size, and the activities present within them. The
discussion of location theory in this chapter consequently centres on
theories of the existence of concentrations of economic activity.
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