The different regions across the globe exhibit a great level of distinction in factors of production for which there is a huge difference in the costs of production within these regions, hence, the difference in economic growth and development across these regions. The understanding of the economic, spatial change is linked to the overall processes of transformation of capitalist markets and institutions, and productions systems due to the recognition of the contribution of various locations of economic activity. The regional economic performance has been pegged on a number of factors across the economy. First, is the use of knowledge ...
Essays on Maskell
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