Boudeville Growth Pole Theory

Boudeville growth pole theory provides geographic sense to growth pole. Boudeville gave specific geographic and regional character to the growth pole. Perroux’s ideas in Perroux’s Growth Pole Theory does not specify the geographic extent of the growth pole. Boudeville tried to supplement Perroux’s idea by providing geographic dimension. He wrote his ideas in his book … Read more

Growth Pole Theory by Perroux

The growth pole theory was postulated by Francois Perroux in 1955. He considered growth pole as key driver of economic activities and development in a region. Basic idea behind his theory is that the growth in a large city propels the growth in the all the areas surrounding the large city due to exchange of … Read more

Relevance and Criticism of Von Thunen Model

Criticism of Von Thunen Model is based on its unidimensional character which is based in a medieval European setting. In Europe, the cropping intensity declines away from North-Western Europe. Similarly, the land-use zones are elongated along the cross-continental railways. The cropping intensity declines as one moves away from these modes of rapid transport. Due to … Read more

Von Thunen Model of Land Use and Rent

Von Thunen Model of land use and rent was given by J.H. Von Thunen, a German. He observed and analyzed the receipts of rent and distribution of agricultural activities in and around his estate in Rostok, Maclenburg, Germany and came to propose his model to determine the land-use around a city. Basic Idea of Von … Read more

Theory of Comparative Advantage of Trade

Theory of comparative advantage of trade explains that why different countries specializes in export of only fewer goods despite having all types resources. What is Trade? The exchange of goods and services between two or more parties is called trade. The trade is of two types i.e. Internal Trade and International Trade. The internal trade … Read more