Effective demand and regional development

Authors

  • Carlos Águedo Nagel Paiva

DOI:

https://doi.org/10.17058/redes.v13i2.791

Keywords:

inovação, produtividade, desenvolvimento regional

Abstract

This paper aims at rescuing the relationship among effective demand, market development, innovation, productivity and regional development. In the author’s point of view, the contemporary regional literature usually overestimates the link between innovation and development, ignoring the fact that effective demand is the real basis on which the market system and the labor division is structured. Trying to prove this point of view the author formalizes the “Smith’s dilemma” and shows that the sole solution of this game that maximizes the benefits of all players is easily achieved after the development of a regional “export basis”.

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Published

2009-04-07

How to Cite

Paiva, C. Águedo N. (2009). Effective demand and regional development. Redes , 13(2), 161-183. https://doi.org/10.17058/redes.v13i2.791

Issue

Vol. 13 No. 2 (2008)

Section

Articles

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