The second edition of Regional Economics provides a comprehensive and up-to-date treatment of regional economics. This fully revised edition includes key theoretical developments of the last ten years. Topics included span from the earliest location theories to the most recent regional growth theories. It is also is also enriched by the recent debate on smart specialization strategies recently developed by the EU for the design of new cohesion policies. Key elements covered in the new edition include: • proximity and innovation theories • the concept of territorial capital • the debate on the role of agglomeration economies in urban growth This textbook is for undergraduate students in regional and urban economics as well as spatial planning courses.

PART 1 Location Theory: Physical-metric space 1. Agglomeration and Location 2. Accessibility and Location 3. Hierarchy and Location PART 2 Theories of Regional Growth: Uniform-abstract space 4. Productive Structure and Development 5. Demand 6. Factor Endowment PART 3 Theories of Local Development: Diversified-relational space 7. Territorial Competitiveness and Exogenous Development 8. Territorial Competitiveness and Endogenous Development: Agglomeration Economies 9. Territorial Competitiveness and Endogenous Development: Innovation and Proximity PART 4 Theories of Regional Growth: Diversified-stylized space 10. Territorial Competitiveness and Cumulative Demand/Supply Growth 11. Territorial Competitiveness and Endogenous Growth 12. Towards a Theoretical Convergence: the Territorial Foundations of Regional Growth Models