Abstract
Current theories about regional and neighborhood development suggest that there are four mechanisms linking economic development at the regional and the neighborhood level. These mechanisms are (a) market processes, (b) the capitalist accumulation process, (c) the process of industrial change and corporate decision making, and (d) the political process. The literature on each of these sheds partial light on the linkage question and suggests a comprehensive, multilevel analytical model. However, much more research is needed to elaborate specific elements of the model.
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