- Semester:
- Number of credits: 4
Preamble
The course would provide basic understanding of the main concepts, issues, problems and techniques in regional planning. Interregional trade will be dealt with in the contexts of regions within a nation. It would help in understanding and analyzing regional growth disparities in India.
Module 1: Regional Growth (16 lectures)
Meaning of regional growth, Growth theories: the neo-classical perspective, export demand models, agglomeration and cumulative growth process. Inter-regional Trade: Regional trade specialization: the Ricardian explanation, the factor proportion explanation, Modern theories of regional trade: Intra-industry trade, competitive advantage and regional trade, new economic models of trade.
Module 2 Regional Migration (8 lectures)
Factor Migration: the classical theory of labour migration, Alternatives: the human capital model, the job search model, the gravity model. Disparities in Regional Unemployment.
Module 3 Regional Policy(8 lectures)
Macro policy Instruments: Fiscal policy, regional aspects of taxation and government expenditure, monetary policy, import control, devolution and regional policy. Micro Policy Instruments: Reallocation of labour, capital
Module 4 Evaluation of Regional Policy(16 lectures)
Measuring regional disparities, regional development indices, use of composite index, econometric models, regional input output multipliers, principal component analysis, DEA etc. – case studies
References
1. |
Armstrong, Harvey and Jim Taylor (2004) Regional Economics and Policy (3rd edition) Blackwell Publishing, UK. (Module 1,2,3) |
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2. |
McCann, Philip (2001) Urban and Regional Economics Oxford University Press, UK. (Module 4). |
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3. |
Ramanathan, R (2003) An Introduction to Data Envelopment Analysis A tool for performance measurement, Sage Publications New Delhi (Module 4).1) |
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4. |
Richardson, Harry (1963) Elements of Regional Economics Penguin Edition USA. (Module 1). |
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5. |
Sudhanshu Shekhar (2004) Regional Planning in India Vol I & II, Anmol Publications Pvt Ltd, New Delhi. (Module 4). |
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