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  • Articles  (8)
  • Contracts and Reputation  (5)
  • Regulatory Policies  (3)
  • Oxford University Press  (8)
  • Geography  (8)
  • Architecture, Civil Engineering, Surveying
  • 1
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    Measuring industry coagglomeration and identifying the driving forces (2016)
    Oxford University Press
    Details
    Publication Date: 2016-09-20
    Description: Understanding industry agglomeration and its driving forces is critical for the formulation of industrial policy in developing countries. Crucial to this process is the definition and measurement of agglomeration. We construct a new coagglomeration index based purely on the location of firms. We examine what this index reveals about the importance of transport costs, labour market pooling and technology transfer for agglomeration processes, controlling for overall industry agglomeration. We compare the results based on our new measure to existing measures in the literature and find very different underlying stories at work. We conclude that in conducting analyses of this kind giving consideration to the source of agglomeration economies, employees or entrepreneurs, and finding an appropriate measure for agglomeration, are both crucial to the process of identifying agglomerative forces.
    Keywords: L14 - Transactional Relationships ; Contracts and Reputation ; Networks, L60 - General, O14 - Industrialization ; Manufacturing and Service Industries ; Choice of Technology, O33 - Technological Change: Choices and Consequences ; Diffusion Processes
    Print ISSN: 1468-2702
    Electronic ISSN: 1468-2710
    Topics: Geography , Economics
    Published by Oxford University Press
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  • 2
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    Single-firm case studies in economic geography: some methodological reflections on the case of Zara (2015)
    Oxford University Press
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    Publication Date: 2015-04-14
    Description: In this article, I reassess the undeserved reputation of Inditex’s Zara as a ‘home-sewn exception to globalization’ for supposedly keeping manufacturing at home despite larger trends; and I use the occasion to make a case for rigorous, evidentially strong single-firm case studies. In the process, I draw attention to the manner in which the value-adding qualities of scholarly work are being judged in economic geography; and argue that the prioritization of novelty over unenhanced readings of realities may encourage case studies to be presented as more unique and exceptional than they actually are.
    Keywords: D21 - Firm Behavior, F23 - Multinational Firms ; International Business, L14 - Transactional Relationships ; Contracts and Reputation ; Networks, L25 - Firm Performance: Size, Diversification, and Scope, L67 - Other Consumer Nondurables: Clothing, Textiles, Shoes, and Leather
    Print ISSN: 1468-2702
    Electronic ISSN: 1468-2710
    Topics: Geography , Economics
    Published by Oxford University Press
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  • 3
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    Historic amenities, income and sorting of households (2016)
    Oxford University Press
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    Publication Date: 2016-02-04
    Description: We aim to estimate the impact of historic amenities on house prices and sorting of households. Historic district boundaries enable us to measure the external view effect of historic amenities, defined as the effect of a historic amenity on the price of other buildings through an improved view from the other buildings. We use a semiparametric regression-discontinuity approach to control for unobserved location characteristics and focus on houses constructed after 1970. It is shown that the (external) view effect of historic amenities is 3.5% of the house price. Rich households have a higher willingness to pay for a view on historic amenities and therefore sort themselves in historic districts, which contributes to an explanation for the substantial spatial income differences within cities.
    Keywords: R14 - Land Use Patterns, R21 - Housing Demand, R31 - Housing Supply and Markets, R38 - Government Policies ; Regulatory Policies
    Print ISSN: 1468-2702
    Electronic ISSN: 1468-2710
    Topics: Geography , Economics
    Published by Oxford University Press
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  • 4
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    The effect of agglomeration size on local taxes (2014)
    Oxford University Press
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    Publication Date: 2014-02-18
    Description: Standard tax competition models predict a ‘race-to-the-bottom’ of corporate tax rates when firms are mobile. Recent theoretical literature shows that central regions with large clusters of economic activity are able to set positive tax rates without fear of losing firms to peripheral regions as the firms would forego ‘rents’ from agglomeration economies. We study whether local policy makers effectively tax such agglomeration rents. We test this with data from Swiss municipalities. We find that municipalities in large urban areas indeed set higher tax rates than those in small ones. Within urban areas, however, municipal tax rates are unrelated to the size of economic activity in and around municipalities while they are positively related to the size of the political jurisdiction. We see this result as evidence that the standard tax competition model for asymmetric jurisdictions is at work in the competition of municipalities within an urban area.
    Keywords: H25 - Business Taxes and Subsidies, H32 - Firm, R12 - Size and Spatial Distributions of Regional Economic Activity, R38 - Government Policies ; Regulatory Policies
    Print ISSN: 1468-2702
    Electronic ISSN: 1468-2710
    Topics: Geography , Economics
    Published by Oxford University Press
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  • 5
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    The dynamics of the inventor network in German biotechnology: geographic proximity versus triadic closure (2014)
    Oxford University Press
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    Publication Date: 2014-04-20
    Description: Economic geography has developed a stronghold analyzing how geography impacts innovation. Yet, despite increased interest in networks, a critical assessment of the role of geography in the evolution of networks is still lacking. This article attempts to explore the interplay between geographic distance and triadic closure as two main forces that drive the evolution of collaboration networks. Analyzing the evolution of inventor networks in German biotechnology, the article theoretically argues and empirically demonstrates that—as the technological regime of an industry changes over time—inventors increasingly rely on network resources by forming links to partners of partners, while the direct impact of geographic distance on tie formation decreases. Although initially triadic closure reinforces the geographic distance effect by closing triads among proximate inventors, over time triadic closure becomes an increasingly powerful vehicle to generate longer distance collaboration ties as the effect of geographic proximity decreases.
    Keywords: D85 - Network Formation and Analysis: Theory, L14 - Transactional Relationships ; Contracts and Reputation ; Networks, L65 - Chemicals ; Rubber ; Drugs ; Biotechnology, R11 - Regional Economic Activity: Growth, Development, and Changes
    Print ISSN: 1468-2702
    Electronic ISSN: 1468-2710
    Topics: Geography , Economics
    Published by Oxford University Press
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  • 6
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    The economic value of local social networks (2016)
    Oxford University Press
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    Publication Date: 2016-09-20
    Description: The idea that local social capital yields economic benefits is fundamental to theories of agglomeration, and central to claims about the virtues of cities. However, this relationship has not been evaluated using methods that permit confident statements about causality. This article examines what happens to firms that become affiliated with ‘dealmakers’—individuals who are unusually well connected in local social networks. We adopt a quasi-experimental approach, which examines firms that added exactly one new individual to their firm, combining difference-in-differences and propensity score matching to address selection and\ identification challenges. The results indicate that when compared to a control group, firms which link to a dealmaker are rewarded with substantial gains in employment and sales.
    Keywords: L14 - Transactional Relationships ; Contracts and Reputation ; Networks, O12 - Microeconomic Analyses of Economic Development, O18 - Regional, Urban, and Rural Analyses, R11 - Regional Economic Activity: Growth, Development, and Changes
    Print ISSN: 1468-2702
    Electronic ISSN: 1468-2710
    Topics: Geography , Economics
    Published by Oxford University Press
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  • 7
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    Distance as asset? Knowledge collaboration in hybrid virtual communities (2013)
    Oxford University Press
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    Publication Date: 2013-12-19
    Description: This article takes issue with the reification of proximity in the current debates about the geographies of knowledge production. It aims at developing a more differentiated view on the spatialities of learning by focussing on knowledge practices in which neither physical nor relational proximity are available. More specifically, the article explores on the basis of a ‘netnographic approach’ interactive knowledge collaboration in nine ‘hybrid virtual communities’ that reflect a broad spectrum of organizational set-ups from firm hosted over firm related to independent communities. Our empirical analysis reveals that hybrid virtual communities even in the absence of physical or relational proximity are able to produce economically useful knowledge; that despite the low importance of proximity the physical and material conditions play a crucial role for knowledge collaboration in hybrid virtual communities; and that hybrid virtual communities afford unique technical opportunities and social dynamics that foster learning processes unattainable in face-to-face contexts.
    Keywords: D83 - Search ; Learning ; Information and Knowledge ; Communication ; Belief, L14 - Transactional Relationships ; Contracts and Reputation ; Networks, L17 - Open Source Products and Markets
    Print ISSN: 1468-2702
    Electronic ISSN: 1468-2710
    Topics: Geography , Economics
    Published by Oxford University Press
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  • 8
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    The British and the German financial sectors in the wake of the crisis: size, structure and spatial concentration (2015)
    Oxford University Press
    Details
    Publication Date: 2015-08-22
    Description: We use employment data for 2008–2012 to analyse the impact of the subprime and Eurozone crises on the British and German financial sector. In the UK, the sector contracted and its spatial concentration increased across regions and urban hierarchy, with London as the sole winner. In Germany there has been no contraction overall, and no significant change in the spatial distribution of financial employment. We argue that while in both countries forced consolidation and financial re-regulation have acted as centripetal forces, in Germany they have been offset by strong regional and local banking, underpinned by a decentralized state.
    Keywords: G20 - General, P16 - Political Economy, R11 - Regional Economic Activity: Growth, Development, and Changes, R38 - Government Policies ; Regulatory Policies
    Print ISSN: 1468-2702
    Electronic ISSN: 1468-2710
    Topics: Geography , Economics
    Published by Oxford University Press
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