Industrial Complex Analysis and Regional Development: A Case Study of Refinery-Petrochemical-Synthetic-Fiber Complexes and Puerto Rico

Industrial Complex Analysis and Regional Development: A Case Study of Refinery-Petrochemical-Synthetic-Fiber Complexes and Puerto Rico

Industrial Complex Analysis and Regional Development: A Case Study of Refinery-Petrochemical-Synthetic-Fiber Complexes and Puerto Rico

Industrial Complex Analysis and Regional Development: A Case Study of Refinery-Petrochemical-Synthetic-Fiber Complexes and Puerto Rico

Excerpt

This book is the third in a series of Regional Science Studies. In line with the objectives of this series, it attempts to fill an important gap in the existing stock of analytical techniques in the fields of regional science, industrial geography and location, and regional economics and planning. It develops the industrial complex approach to analysis, a new approach which aims to complement and cultivate the area lying between input-output and linear programming methods on the one hand, and individual industry comparative-cost study on the other. This approach is fully developed in the form of a case study involving Puerto Rico as the primary region, and oil refining, petrochemical, synthetic fiber, and fertilizer processes as the chief production activities.

As with the preceding volume in the Regional Science Studies series, this third book develops empirical materials which should be of interest to many. The detailed data, analyses, and results should prove valuable not only to companies and personnel engaged in oil refining, and in the production of petrochemicals, fertilizers, and synthetic fibers, but also to firms and business officials in various fields who seek diversification and new, profitable channels for expansion. Also, the approach as well as the empirical materials should be of considerable significance to government agencies, business units, planners, and scholars concerned with economic development. The materials relate to industrial growth in an underdeveloped region (Puerto Rico). The approach demonstrates how study of development potentials in terms of individual industry investigations may be supplemented and complemented with analysis of the interrelations of these industries--without being involved in general frameworks such as input-output, which too frequently are nonoperational for underdeveloped and other regions.

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