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  • Articles  (13,578)
  • Blackwell Publishing Ltd  (10,649)
  • American Meteorological Society
  • 1995-1999  (13,578)
  • 1999  (4,835)
  • 1996  (8,743)
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  • Articles  (13,578)
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  • 1995-1999  (13,578)
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  • 1
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 48 (1996), S. 0 
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: The stability of collusion is analysed for a family of demand functions whose curvature is determined by a parameter varying between zero and infinity. When the number of firms is low, firms may prefer to act as quantity setters in order to increase cartel stability if demand is sufficiently convex. Otherwise, price-setting behaviour enhances their ability to collude. As the number of firms tends to infinity, Cournot behaviour is preferable to Bertrand behaviour in order to stabilize collusion, independently of the characteristics of market demand.
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  • 2
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    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 48 (1996), S. 0 
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: This paper investigates the competitive implications of input price controls in a partially regulated industry where a vertically integrated firm has exclusive control over an input with natural monopoly characteristics. Such industry structures are commonly encountered in activities such as telecommunications, railways, electricity and water supply. It is shown that in a Cournot game such input price controls are unambiguously benefical to consumers. However, it is further demonstrated that there exist circumstances in which these controls may make the non-integrated firm worse off. Thus if the objective of input price regulation is to protect the non-integrated firm, such controls may prove to be counterproductive.
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  • 3
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    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 48 (1996), S. 0 
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: Franchised distribution accounts for a substantial proportion of retail sales each year. This form of vertical integration is frequently found in the accompaniment of parallel distribution through company-owned establishments. Similarly, franchise contracts are characterized by mixed compensation strategies. This paper contains empirical models of the market for franchise opportunities where incentives for mixed distribution and compensation strategies are evaluated.
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  • 4
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    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 48 (1996), S. 0 
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: This paper uses aggregate data from 42 police-force areas over 12 years to test predictions of Becker's economic model of crime. The effects of measures for deterrence on the incidence of three types of acquisitive criminal activity (burglary, theft, robbery) in England and Wales are explored. Mixed support for the Becker model emerges. The growth in unemployment is seen to impact positively on two of the three types of criminal activity examined. Per capita household income is seen to have a negative effect on the recorded rates of burglary and theft, but there is some evidence that the income variable is a proxy for the effects of unemployment. Poor housing conditions and the relative youth of the population were also found to play a role in the determination of criminal activity.
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  • 5
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    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 48 (1996), S. 0 
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: The paper develops a cost frontier model of electricity distribution and estimates it on data for the 12 regional electricity companies of England and Wales. It is found that some significant cost drivers in cross-section estimation are insignificant when the model is estimated on panel data, highlighting the well-known drawbacks of cross-section estimation. Panel data estimation suggests that the main determinants of distribution operating costs are the number of customers in the area and simultaneous maximum demand. These results and the efficiency rankings of the companies are not sensitive to changes in error distribution assumptions and sample size. There is also significant evidence of economies of scale. There is a small but significant effect on cost efficiency from privatization, but this is as likely to be due to the changes in accounting policies at the time of privatization as any real effect.
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  • 6
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    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . After decades of apparent convergence, state and regional per capita earnings diverged between 1978 and 1988. A central tenet of the convergence hypothesis is that shocks to relative state and regional earnings, such as those of the 1978 to 1988 period, are transitory. We find evidence for convergence for the U.S. states and regions during the 1929 to 1990 period after allowing for a break in the rate at which the various states and regions were converging in 1946. An important finding of this research is that the US. states and regions achieved per capita earnings convergence by 1946.
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  • 7
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    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Book reviewed in this article: Social and Demographic Accounting, edited by Geoffrey J.D. Hewings and Moss Madden. Managing the Global Commons: The Economics of Climate Change, by William D. Nordhaus. The South as an American Problem, edited by Larry J. Grffin and Don H. Doyle. Imagineering Atlanta: The Politics of Place in the City of Dreams, by Charles Rutheiser. Planning for Cities and Regions in Japan, edited by Philip Shapira, Ian Masser, and David W. Edgington. Beyond the Great Wall: Urban Form and Transformations on the Chinese Frontiers, by Piper Rae Gaubatz. Community, Culture, and Economic Development: The Social Roots of Local Action, by Meredith Ramsay.
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  • 8
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    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . Relative to financial securities markets, information is a scarce commodity in real estate markets. If information diffuses quickly in real estate markets, then we can infer that telecommunications play an important role. On the other hand, spatial barriers such as rivers can slow down the assimilation of relevant information if face-to-face contacts are an important source of information. We examine whether and how the Connecticut River (along with bridges) alters the nature and strength of spatial diffusion of information on housing returns. We report strong evidence that the Connecticut River slows down the spatial diffusion of information and that its effects are consistent with face-to-face contact, as opposed to telecommunications.
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  • 9
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    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
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  • 10
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    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Book reviewed in this article: Gravity Models of Spatial Interaction Behavior, by Ashish Sen and Tony E. Smith. Urban Consumer Theory, by Geoffrey K. Turnbull. Corporate Geography: Business Location Principles and Cases, by Risto Laula-jainen and Howard A. Stafford. The Geography of Finance: Spatial Dimensions of Intermediary Behavior, by David J. Porteous. Sovereign Nations or Reservations? An Economic History of American Indians, by Terry L. Anderson. Peasantry to Capitalism: Western Östergötland in the Nineteenth Century, by Göran Hoppe and John Langton. Convergence and Divergence Among European Regions, edited by H. W. Armstrong and R. W. Vickerman.
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  • 11
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    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . This paper examines the socially optimal locations of branch facilities (or small stores) and main facilities (or large stores) on a finite linear market that is uniformly populated from position 0 to position 1. Each consumer has a probability w of finding the desired service (or product) at a branch facility, and a probability 1 of finding the desired service (or product) at a main facility. Two types of consumer search are considered: phone search and visit search. Different assumptions are made about the numbers of branch facilities and main facilities (each involving one or two facilities of each type). Under visit search, the socially optimal locations of branch facilities tend to be closer to main facilities than under phone search, and this tendency is more pronounced for smaller values of w.
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  • 12
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    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . In problems of spatial choice, the choice set is typically more aggregated than the one considered by decision-makers, often because choice data are available only at the aggregate level. These aggregate choice units will exhibit heterogeneity in utility and in size. To be consistent with utility maximization, a choice model must estimate choice probabilities on the basis of the maximum utility within heterogeneous aggregates. The ordinary multinomial logit model applied to aggregate choice units fails this criterion as it is estimated on the basis of average utility. In this paper, we derive and discuss a model which utilizes the theory underlying the nested logit model to estimate the appropriate maximum utilities of aggregates. We also demonstrate that the aggregate alternative error terms are asymptotically Gumbel, thereby relaxing the assumption of extreme value distributed error terms. This is accomplished with help from the asymptotic theory of extremes.
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  • 13
    Electronic Resource
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    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . Our purpose is to study a spatial price policy often encountered in the real world, known as zone pricing. This price policy consists in determining simultaneously several delivered prices together with the geographical zones in which they apply. It is shown that zone pricing approximates perfect spatial price discrimination and that the firm's profit increases with the number of zones. Furthermore, the number of markets supplied by the firm rises with the number of zones. Finally, zone pricing is compared to other standard spatial price policies and possible extensions are discussed.
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  • 14
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    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . In this paper, we study the centroid problem from competitive location theory for a linear market with uniform demand, assuming that the leader has imperfect information about the follower's fixed and marginal costs. It is shown that the general version of this problem can be formulated as a nonlinear programming problem and the exact solution can be obtained analytically in a special case. A simple strategy is also given for the general problem, and it is proven that this strategy has a guaranteed error bound. It is demonstrated that uncertainty of costs might lead to market failure in the centroid problem, but this disappears if the game is repeated and the firms learn from observing each other's moves. It is also shown that it is possible for the leader to obtain optimal expected profit at a low perceived risk, with only sufficient, and not necessarily perfect, information. These two observations lead to our primary conclusion from the study that although cost uncertainty is a realistic feature of most competitive location models, there are very effective ways of dealing with it.
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  • 15
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    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . Incorporating regional asymmetry and negative feedbacks (congestion) in a model of economic geography and international trade shows that complete specialization of production at one location is unlikely. We identify an agglomerating force: the home market effect, and two spreading forces, competition for demand from immobile sectors of production and congestion. We demonstrate that negative feedbacks can explain the economic viability of small industrial regions observed in the real world. Simulations clarify the basic structure of the model.
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  • 16
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    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
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  • 17
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    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . Price dispersion (variation) and agglomeration are common characteristics of spatial markets, in particular, markets with imperfect consumer information and search. However, pricing and location strategies in these markets are not well analyzed since spatial search is difficult to model without restricting the spatial dimension of the problem. This paper analyzes pricing and location strategies in a market with spatid search using a probabilistic modeling strategy that does not restrict search patterns in the plane. Specifically, the analysis considers the pricing strategy of an isolated firm in response to the agglomeration of competing firms. Results indicate that spatial and temporal price dispersion are effective responses to competitors'agglomeration. However, the relative effectiveness of these strategies varies with market conditions. In addition, agglomeration can have some counterintuitive effects. This paper also provides insights into existing theories of spatial search and spatial competition in spatially-restricted (linear and circular) markets.
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  • 18
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    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . In Wren (1994) I find that industrial subsidies have significantly greater employment effects in small firms, and interpret this as arising from the poorer access that these firms have to private funds. Holden and Swales (1996) criticize this interpretation, arguing that financial constraints typically limit the effectiveness of subsidies. In this paper I show that their results arise from the particular properties of the homogeneous production function. More generally, I show that the effectiveness of assistance increases with the marginal cost of private funds and is greater in those firms facing financial constraints. As such, differential access to private funds can explain the greater effectiveness of assistance found in small firms.
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  • 19
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    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . This paper uses new estimates of metropolitan factor demand and output supply functions to study how federal, state, and local fiscal policies affect metropolitan economies. We illustrate our work with findings for ten metropolitan areas in five states for changes in state corporate income taxes, local property taxes, the federal corporate income tax, an investment tax credit, interest rates, public capital stocks, output prices, and tax and regulatory policies affecting gross wages. It is clear from these simulations that a policy that is nominally the same everywhere will have repercussions that vary widely across regions and cities.
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  • 20
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    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . This paper examines the effect of retail firm ownership on price equilibrium using a simple linear-city model. It is shown that price divergence emerges due to the differences in retail firm ownership, because retail firms under different ownership internalize shopping externalities differently. It is also shown that if a commercial center has two specialized retail firms, these stores charge the same markup for different goods at the equilibrium.
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  • 21
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    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . This paper comprises a detailed investigation of the properties of the analytical model introduced in Wren (1994) to evaluate the effect of industrial subsidies on firm employment. We deal specifically with the link between additionality and whether the firm is finance constrained, adding a more flexible formulation for the financial constraint than the two given in Wren. We use the model to question Wren's view that additionality will be greatest in financially constrained firms. We argue that financial constraints potentially restrict leverage and therefore in important, relevant circumstances, limit the effectiveness of subsidies.
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  • 22
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    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . A new approach is proposed for calculating the expected market share. It is assumed that consumers patronize a facility according to a utility function, selecting the facility with the highest utility value. However, consumers'ratings of the utility components are stochastic by some random distribution. Therefore, the buying power of customers located at the same point is divided among several facilities. A probability that a consumer patronizes a certain facility can be calculated. Consequently, the expected market share by competing facilities can be estimated. This calculation is more than 1,000 times faster than repeating a simulation enough times to achieve a reasonable accuracy.The distance decay calculated using the new approach is approximately exponential. A procedure for finding the optimal location anywhere in the plane for a new facility that maximizes the market share is also introduced.
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  • 23
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    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . This paper extends the work of Blommestein and Koper (1992)–BK–on the construction of higher-order spatial lag operators without redundant and circular paths. For the case most relevant in spatial econometrics and spatial statistics, i.e., when contiguity between two observations (locations) is defined in a simple binary fashion, some deficiencies of the BK algorithms are outlined, corrected and an improvement suggested. In addition, three new algorithms are introduced and compared in terms of performance for a number of empirical contiguity structures. Particular attention is paid to a graph theoretic perspective on spatial lag operators and to the most efficient data structures for the storage and manipulation of spatial lags. The new forward iterative algorithm which uses a list form rather than a matrix to store the spatial lag information is shown to be several orders of magnitude faster than the BK solution. This allows the computation of proper higher-order spatial lags “on the fly” for even moderately large data sets such as 3,111 contiguous U. S. counties, which is not practical with the other algorithms.
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  • 24
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    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . In this paper we examine profit, price, output and welfare under mill and uniform pricing in a monopolistic spatial market with nonlinear demand, a general consumer distribution function, and a general transportation cost function. We show that if demand is convex (concave) then the optimal uniform price minus the average unit transportation cost is lower (higher) than the optimal mill price, output under uniform pricing is lower (higher) than output under mill pricing, and welfare under uniform pricing is lower (higher) than welfare under mill pricing, provided other respective conditions are satisfied.
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  • 25
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    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Book reviewed in this article: New Directions in Spatial Econometrics, edited by Luc Anselin and Raymond J.G.M. Florax. Urban Travel Demand Modeling: From Individual Choices to General Equilibrium, by Norbert Oppenheim. The Economic Growth of Singapore: Trade and Development in the Twentieth Century, by W. G. Huff. Water in the Arab World: Perspectives and Prognoses, edited by Peter Rogers and Peter Lydon. China Deconstructs: Politics, Trade and Regionalism, edited by David S. G. Goodman and Gerald Segal. Technological Change, Economic Development and Space, edited by Cristoforo S. Bertuglia, Manfred M. Fischer, and Giorgio Preto. Local and Regional Development During the 1990s Transition in Eastern Europe, edited by Markku Tykkyliiinen. Territorial Competition in an Integrating Europe, edited by Paul Cheshire and Ian Gordon. State Per-Capita Income Change Since 1950 Sharecropping's Collapse and Other Causes of Convergence, by Leonard F. Wheat and William H. Crown.
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  • 26
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    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . This paper applies the production-theory approach to assess the impact on domestic wages and employment of immigration to the United States. Inputs are disaggregated between recent immigrants, non-recent immigrants, native workers, and capital. Census cross-sectional data for 1980 and for 123 metropolitan areas are used. Empirical estimates are reported for alternative functional forms with special attention devoted to required curvature conditions which have frequently been violated in previous work. Elasticity estimates are reported for alternative settings, including for the short run where we view domestic factor prices as given and the long run where we treat them as flexible.
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  • 27
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    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . In this paper we develop a model of the law of one price in a network where many markets are linked with a structure of paths. We show that arbitrage-free prices depend on the structure of the network and so do price dynamics. Our estimates indicate that local bypass and open access pipeline transportation were instrumental in opening arbitrage paths to natural gas city markets and causing their prices to converge. Spot markets in the city gates, pipeline hubs, and production fields, that are scattered over distant points in the vast pipeline network in the United States, now form a single market.
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  • 28
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    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . This study develops a computable general equilibrium (CGE) model of California to examine the impact of recent defense cuts on the state's economy. The study demonstrates use of a CGE model to examine the sensitivity of regional economy models to assumptions about factor migration. Model variants include input-output and closed economy models as limiting cases. The results show that the California economy is sensitive to defense cuts. The multiplier relating the impact of defense cuts to state product ranges from one to almost five, depending on the degree of interstate factor mobility.
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    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . The occurrence of rural retail activity may be related to the concept of threshold, which suggests the direct relationship between surrounding populations and the hierarchical functions provided. Empirid studies have typically examined individual categories of retail firm concentration or multiplication in isolation of the extent of other retail activities. This study develops models of retail business concentration for sparsely populated rural markets, and emphasizes proper statistical treatment of the discrete firm-count data. The analytical approach specifies systems of multivariate count data models that can capture the interdependencies among merent types of retail firms. The degree of interdependence is tested and shown to be a significant statistical feature of the model of rural retail firm counts.
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    Journal of regional science 36 (1996), S. 0 
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    Topics: Geography , Economics
    Notes: . It seems quite clear that the US. economy in the late 1970s and early 1980s was exposed to an accelerated rate of structural change resulting from energy price shocks, increased international competition and technological change. It is of considerable interest, then, that previous attempts to examine structural unemployment in this period find that structural shift in employment generally were not Significant determinants of the unemployment rate. This paper revisits this issue using a measure of structural job shifts drawn from the literature on establishment job creation and destruction. The results show that changes in the structure of labor demand across industry by establishment-size sectors had a statically significant and empirically important positive effect on the unemployment rate in a sample of 200 metropolitan labor markets during the 1976 to 1984 period.
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    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
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    Topics: Geography , Economics
    Notes: . This study is devoted to studying households'decisions to move and whether to rent or own after moving. It employs dynamic discrete choice models which condition households'decisions on their circumstances at every point in time during the length of the observation while accounting for individual heterogeneity. The results show that key dynamic elements, captured by means of lagged dependent variables, as well as household heterogeneity, are significant determinants of the tenure choice and mobility decisions. Moreover, homeowners are found to be responsive to housing market conditions when adjusting their housing stock. Housing-price appreciation is found to discourage renters from becoming homeowners. Finally, our results reject the proportional monetary transaction costs specification suggesting that monetary transaction costs might be fixed.
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    Journal of regional science 36 (1996), S. 0 
    ISSN: 1467-9787
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    Topics: Geography , Economics
    Notes: . The regional production environment in China is decomposed into five regional factors: education endowment, foreign direct investment, agglomeration, producer's market accessibility, and consumer's market accessibility. The impacts of these regional factors on the Chinese machinery building industry and food manufacture industry are estimated across 30 regions. The estimates are highly significant and show that these regional factors substantially affect regional productivity. Across regions and over time, the capital return rate is positively related to the ratio of the total regional factor impact to the wage rate.
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    Topics: Geography , Economics
    Notes: . In this paper a gravity model is formulated to model a hospital patient flow system. Both spatial and nonspatial measures of separation are used to estimate the model. Travel time was found to provide improved fits over linear distance in modeling patient flow behavior. Transformations of travel time (square root and log) were found to improve model performance further. Model diagnostics suggested additional spatial separation measurw, separation measure parameters demonstrated stability over time. The model is used to forecast the effects of health care financing reform and hospital closure on patient flows in an urban hospital market. Universal health coverage was found to dramatically improve access to hospital services for lower income patient populations. Hospitals at risk for closure were forecast to receive increased patient flows. Medical school hospitals are expected to lose patients after implementation of health reform, with important implications for graduate medical education. Hospital closures were shown to have negative effects on access to services in poor neighborhoods, but relatively little effect on access in the system as a whole.
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    Journal of regional science 36 (1996), S. 0 
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    Topics: Geography , Economics
    Notes: . Regional input-output (I-O) analysis is traditionally motivated by a short-run, extreme Keynesian vision of markets. In this paper we argue that an appropriately formulated, investment-endogenous, I-O system replicates the long-run equilibria of a wide range of regional models, many of which do not operate as I-O systems in the short run. In particular, we use a computable general equilibrium (CGE) framework to illustrate the impact of an aggregate demand disturbance on an I-O and standard neoclassical model. When run forward over a number of periods, the results from the capacity-constrained neoclassical model asymptotically approach the I-O outcome. We use sensitivity analysis to examine the speed of adjustment of the neo-classical system and investigate barriers to the attainment of the I-O result.
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    Notes: . In this paper we present a model for spatial interaction within a network of towns. This interaction is modeled through equilibrium states for certain Markov chains where, in particular, explicit formulas for these states are given. Our model exploits and intertwines ideas from gravity models, the competing destinations model and the intervening opportunities model. The central idea in the paper is to capture the effect of spatial structure in a framework where interaction is determined by the global network configuration.
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    Notes: . Regional scientists remain interested in studying interregional differences in the growth rates of population and employment. Following the earlier work of Carlino and Mills, this paper examines growth trends at the county level in the US. during the period 1981–1989. Five major sectors of employment are examined. A partial adjustment model is developed that captures intercounty differences in amenities, business and fiscd conditions, demography, employment structure, and relative location. Some evidence is given that population and employment growth was simultaneous, although feedback effects apparently were not strong.
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    Notes: . In this study we use a translog profit function and iterate seemingly unrelated regressions to estimate a system of factor demand and output supply functions for metropolitan economies. Our sample includes all metropolitan areas defined by the Census in 1977 for the period 1962 to 1982. Estimation shows that all price elasticities are elastic and that the signs are as expected. These results hold true for virtually all model specifications. Our findings indicate that federal, state, and local tax policies have significant impacts on factor demand and output supply. Public investment plays a positive and significant, but small, role in increasing output and in complementing other factors, although this influence has declined over time. Additionally, capital provided by the private sector has a substantially larger impact on output and employment than does capital provided by the public sector.
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    Notes: . This paper analyzes the effect of eliminating apartheid land-use restrictions in South Africa using a simplified version of the standard urban model. When freedom of residential location is granted, black township residents compete for land near the center of the core cities, pushing white residents to less accessible locations. Black consumption rises and white consumption falls in response, but the increase in total land rent is sufficient to compensate for white losses. The resulting aggregate welfare gain is a natural consequence of eliminating the distortion imposed by the apartheid system. These conclusions are robust to a number of modifications of the basic model.
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    Notes: . Most of the monopoly spatial price discrimination literature explicitly assumes uniform population density over space. It also implicitly assumes that firms (plants) are spatially isolated from each other with production and retail points that coincide in location. While departures from these assumptions have been explored separately in the literature, it remains to examine performance and location when these assumptions are relaxed simultaneously. What emerges in this paper is a model where density functions approximate a pair of cities isolated from other cities. Each city has its own retail market, while the location of a single production or wholesale point is determined by characteristics of the two markets. Comparisons of mill pricing and spatial price discrimination found in the spatial monopoly literature can be interpreted as special cases of the more general framework provided here.
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    Notes: Book reviewed in this article: The Geography of Change in South Africa, edited by Anthony Lemon. Dynamic Urban Transportation Network Models: Theory and Implications for Intelligent Vehicle-Highway Systems, by Bin Ran and David E. Boyce. Immigration and Ethnicity: The Integration of America's Newest Arrivals, edited by Barry Edmonston and Jeffrey S. Passel. Increasing Returns and Path Dependence in the Economy, by W. Brian Arthur. Dynamics of Office Markets: Empirical Findings and Research Issues, by John M. Clapp. Whose Backyard, Whose Risk Fear and Fairness in Toxic and Nuclear Waste Siting, by Michael B. Gerrard. Rural China in Transition: Non-Agricultural Development in Rural Jiangsu, 1978–1990, by Samuel P. Ho. Law, Space, and the Geographies of Power, by Nicholas K. Blomley. Stemming Middle-Class Decline: The Challenges to Economic Development Planning, by Nancey Green Leigh. Local Economic Development: Analysis and Practice, by John P. Blair. City-Building in America, by Anthony M. Orum.
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    Notes: This paper examines how companies can achieve competitive advantage by fitting their business strategies to the way in which new technology implementation is managed. In particular, the inter-relationship between strategy, technology and performance is examined. Five strategic types and seven types of technological objectives were used to find combinations which were associated with high performance. It was found that companies pursuing a prospector strategy (a strategy based on product innovation) combined with technological objectives emphasizing marketing, image and technical development were the highest performing group of companies. The lowest performing companies were those where strategy was dominated by price competition.The general conclusion of the paper is that, in order to achieve competitive advantage, companies need to see technology objectives as an inherent part of strategy. The study was carried out on a sample of twenty companies within the polymer processing industry, but the findings should be applicable to companies in other industries, and particularly to smaller companies.
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    R & D management 26 (1996), S. 0 
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    Topics: Economics
    Notes: There is an increasing concern amongst R&D managers and their immediate ‘customers’ and sponsors within companies to have reliable mechanisms to direct R&D simultaneously toward effective rapid innovation and accumulation of long term technological strength. This is leading R&D managers to seek analytical tools to help them identify technologies which have particular significance for competitive advantage, for multiple SBUs, and for longer term strategic positioning, and to manage them in ways which do not leave them at the mercy of business unit strategies, but situate them closer to the core of corporate strategies. This paper conducts an examination of the parallel literature on the idea of core competencies as a new paradigm in corporate strategy and shows that core competencies can be useful focusing devices for assisting in the creation of this linkage between the technological and non-technological aspects of the corporate strategy agenda. Implications are drawn out for: R&D decisions in the areas of shaping strategic research programmes; funding and organisation regimes for R&D and measuring the effectiveness of R&D.
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    Notes: Research on technological innovation shows that information asymmetries between suppliers and buyers constitute a major barrier to the successful introduction of new products. Most of this research, however, puts the burden of overcoming these asymmetries on producers of new products. In the case of large engineering construction projects innovation is often the result of joint problem solving by owners, prime contractors, consultants, and equipment suppliers. In this paper we examine the relationship between innovativeness of large engineering construction projects and internal owner capabilities, degree of control over project, and dependence on external organizations, We use data on power plant construction projects to test hypotheses derived from agency and organization theories of innovation. Our results indicate that organization theories of innovation are on the whole better predictors of the impact on innovativeness of owner's capabilities and relationship to external organizations.
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    Notes: This paper sets out to show how partnering arrangements between engineering contractors in process plant contracting and their process industry clients have led to increasing collaborative contributions at the ‘front end’ of capital asset formation. Partnering arrangements are seen here as formalised long-term contracts between process plant contractors and their clients, intended to apply to engineering and other services in major capital projects over a number of years.While research does not appear to have been affected to a significant extent, partners seem to be interacting increasingly on process development and design. One outcome of partnering is to increase the contractors' involvement in their clients' overall business objectives. As a result of this change in the character of their services, contractors are more inclined to seek opportunities to improve plant efficiency, rather than following given specifications. This interaction of entities with a different focus and, to some extent, different skills is a potential source of innovation which to date has not been realised to any great extent.
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    Notes: The paper outlines how networking between smaller companies and larger companies is evolving and how these changes need to be incorporated into policies for regional economic development. The strengths and weaknesses of the Tuscan region are outlined and on the basis of this situation a strategy was devised to exploit its scientific and technological resources. A particular feature of the strategy is the establishment of a new optical fibre communications system linking three university centres, Pisa, Florence and Siena.
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    Notes: In this article, a comprehensive descriptive model of R&D knowledge management is presented and its use illustrated. Knowledge is defined as: information internalized by means of research, study or experience, that has value for the organization. First, the issue of knowledge management is placed in the context of R&D management, and set alongside what has been written in R&D management literature about topics such as information management, information technology in R&D, technology transfer, communication and organizational learning. Then, we present our descriptive model, and apply it in a case study concerning a Dutch multinational in the chemical industry. The model served as an aid to identify bottlenecks, and was a useful starting point for formulating improvement plans, some of which are presented. The paper concludes with an evaluation of the model as a communication and analysis tool, and ideas for further improvement.
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    Notes: The paper presents the first results of research carried out by the authors in the research centre of an important Italian industrial group. The management of the centre is strongly interested in new methodological approaches to identify and to represent individual competences. To satisfy this specific need, the authors suggest a method based on the matrix of competences that is the set of relationships between capabilities and situations. The situations and the capabilities are identified by analysing the judgements that other subjects, internal or external to the organization, express on an individual's behaviour.A sample of fifteen individuals has been investigated in order to identify their individual competences and the most significant situations within the centre. For each individual a network of subjects, the supervisor and some clients and collaborators, has been considered. On the basis of the results, the implications for management are discussed, with particular regard to the design of new procedures for personnel evaluation.
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    Notes: This paper reports on a study of the use of ‘hard’ and ‘soft’ technologies as tools for managing global new product teams. ‘Hard’ technologies consist of electronic mail, teleconferencing, fax, video conferencing, and other electronic means of facilitating communication. ‘Soft’ technologies, on the other hand, reflect managerial behaviors that are necessary to deal with the social and behavioral aspects of global new product development. Our study suggests that:The frequency of use of hard technologies is greater for higher versus lower performing global teams.The set of hard technologies perceived to be important is different for higher versus lower performing global teams.How well soft technologies are used is greater for higher performing global teams.Soft technologies are seen as more important than hard technologies.Implications of these findings for managers and future research are discussed.
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    Topics: Economics
    Notes: This paper examines and explains the nature of networking in the Russian aerospace industry under the centrally administered innovation system and the impact on the network of the changes that have arisen post-perestroika. The context, pre-August 1991, was a centrally administered innovation system with the dominance of the military in resource allocation in a ‘shortage’ economy.The network was made up of the ministry of defence, design bureaux, manufacturing plants, research institutes, specialist universities and testing centres and the Aircraft Certification Authority. The focal actor was the aircraft design bureaux.The role and relationships between the actors concerned with aircraft design, development, manufacturing and marketing are determined by the activities that they perform in the seven stage innovation process, the resources available and the strategies that they adopt.Post-perestroika the need for new customers, international certification, western collaboration, and the presence of supply chain disruption and the funding crisis are reshaping the network. The new actors, post-perestroika, include new customers, financiers, the Department of Aviation Industry, International Certification Authorities, the ICAO and ‘nearest and furthest abroad’ subcontractors. A major change has been the linking together of the design bureaux, aircraft manufacturing, engine and avionics plants, subcontractors, financial institutions and aircraft export agencies into joint stock Complexes, or Financial Industrial Groups (FIGS).
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    Notes: A major focus of national and institutional research policies during the 1990s has been on improving linkages between publicly funded research activities and industry for the purpose of advancing economic and other national objectives. The transfer of scientific knowledge, however, within and between public research institutions, universities and other innovative organizations is taking place within rapidly changing organizational environments. The emergence of new organizational structures that transcend institutional boundaries, scientific disciplines and the boundaries between basic and applied research are all contributing to as well as responding to changes in the ways science intersects with industrial innovation.Recent international evidence suggests that innovative organizations during the next decade will depend more on their ability to maintain quite complex organizational research linkages than on their internal organizational research capabilities. Case studies of the organizational approach adopted by companies and commercial-research agency consortia in China and Australia lead to a discussion of a typology of academic-industry alliances. The typology provides insights into different collaborative R&D management strategies associated with different forms of science-industry alliance.
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    Notes: One prominent feature of biotechnology in the UK is the close relationship between the public-sector science base and industry. Using information from interviews, the system for technology transfer is examined and four main institutional actors are identified: sponsors (both public and private, which fund research), hosts (which provide an environment in which research takes place), users (which commercialize research) and intermediaries (which act as agents in the technology transfer process). Models of the process of technology transfer are developed which incorporate knowledge flows between these institutions and the accompanying contractual, and financial/ economic relations. The direction, scale and formality of these interactions is examined and it is suggested that institutional approaches can capture important feedbacks and relationships which are overlooked in traditional stage and activity models of innovation.In particular, intermediaries are highlighted, and it is suggested that they play an important role in contractual and financial/economic linkages in three ways: (i) by acting as agents between institutions in the presence of an imperfect knowledge market, (ii) by performing a liaison function for firms sourcing external know-how, and (iii) by providing access to complementary assets for development of technologies internally.In the conclusion, we argue that institutional models can (a) help to define optimal linkage structures for specific technological areas at national and supranational levels (e.g. between members of the European Union) and (b) highlight the presence of inter-agency tensions and help identify the appropriate management options for resolving these.
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    Notes: Despite a growing body of evidence as to the importance of linking job design to supervisory practices, almost no empirical studies have been conducted on the issue specifically for R&D professionals. The effectiveness of supervisors should differ primarily with respect to their leadership styles. Data obtained from three major types of R&D organizations in Taiwan were used to examine how leadership styles affect the job characteristics of R&D professionals with personal attributes of professionals themselves as the concomitant variables. The leadership styles were defined in terms of a two dimensional construct with the supportive dimension focusing on enhancing relationship and participatory decision making, and the directive dimension emphasizing telling and directing to get tasks accomplished. The results supported most of the hypotheses proposed in the study. In particular, the high correlation of the supportive leadership style and overall job characteristics, across the three types of organizations in the test, demonstrates the importance of incorporating the role of supervision in the R&D job design. The findings have implications for enhancing the leadership effectiveness in managing R&D professionals. Such findings are not only important for R&D managers in newly industrialized countries, but are also valuable to their counterparts in industrialized countries.
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    Notes: The United Kingdom has been carrying out a major exercise in the field of Technology Foresight, involving fifteen panels engaged in wide consultation about the future of their areas. The objectives of the Programme are to help set priorities for publicly funded science and technology and to create new working partnerships between science and industry. The paper describes the process by which members of the panels, and those whom they subsequently consulted, were identified. A survey-based technique known as co-nomination was employed, whereby respondents were asked to identify suitable participants and at the same time to profile their own expertise. The process was repeated with those nominated. The patterns of expertise thus revealed are themselves of interest and are used to construct a map of the inter-relationship between the fields covered by the panels.
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    Notes: This study sought to measure the economic consequences of reduced expenditure on specific sections of the UK National Measurement System (NMS), part of the state-funded technological infrastructure. A method was developed which can be adapted to any publicly or privately financed R&D of which the benefits and cost-effectiveness are unclear or contested.The recent interactions between the NMS and industry were investigated empirically. Five mechanisms were found to account for the majority of instances of successful value creation. Several case studies of each mechanism were collected, illustrating their existence beyond reasonable doubt.Each of the cut projects would have been expected to have encouraged growth and profitability in identified sectors of the economy through one or more of these five mechanisms. The effects of the cuts were modelled over 30 years. Compared to the costs of the cut projects projected over the same period, the benefits to the economy were predicted to exceed the costs.
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    Notes: Project Management Systems can use a variety of tools to model and visualise project status. This paper discusses the application of an integrated approach for project modeling and proposes a new graphic tool called PACT for evaluation of project status. An integrated performance monitoring system comprising many tools, including PACT, was used successfully with multiple advanced technology projects within the Indian Guided Missiles Development Programme. The approach provided a better insight into the status and problems of projects, and enabled management to initiate the most appropriate actions towards better performance.
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    Notes: This paper develops five alternative structural ‘models’ for formal efforts aimed at spinning off new companies from universities, government laboratories, and other research and development organizations. In various ways the models combine the roles of the technology originator, the entrepreneur, the R&D organization itself, and the venture investor. The paper also presents the policies and structures of technology commercialization operations from investigations at eight R&D organizations in the United States and the United Kingdom. The data indicate that a R&D organization operating in an environment where venture capital and entrepreneurs are readily available (e.g., MIT and Stanford) can appropriately: (1) exercise a low degree of selectivity in choosing technologies for spin-off creation, and (2) provide a low level of support during the spin-off process. The spin-off process is more difficult in environments where venture capital and entrepreneurs are scarce (e.g., ARCH) and mechanisms for high-selectivity and a high level of support must be in place by the R&D organization to compensate for this scarcity.
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    R & D management 26 (1996), S. 0 
    ISSN: 1467-9310
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    Topics: Economics
    Notes: This paper documents the ways in which overseas R&D in MNEs now plays roles in what are innovative new approaches to innovation itself. Networks of laboratories are seen as supporting both the short-term and long-term competitive evolution of the MNE group's globally-effective product innovation.In terms of the immediate commercial application of new products for global markets it is argued that product development labs work within creative overseas subsidiaries in MNEs. These aim to derive variants of the new product that fully meet the distinctive needs of each key regional market.Another separate network of decentralised MNE labs carry out precompetitive (basic or applied) research, embodying particular areas of technological comparative advantage of their host countries. This network of labs therefore provides inputs into a centrally-articulated programme whose objective is to provide the basis of the longer-term technological evolution of the MNE, by upgrading the core knowledge from which future generations of innovative products can emerge.
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    Topics: Economics
    Notes: The paper attempts to synthesize the conclusions of theoretical works dealing with innovation processes and technological strategies in the frame of a national innovation system with some results from a survey of the national innovation system in Hungary.An important focus of the paper is on the transition situation in Hungary and the role science and technology play and are expected to play to influence the competitiveness of the country. Special attention is therefore given to the new actors in the system. The conclusions are expressed in the form of premises dealing with the multiple impacts of the transition on the Hungarian innovation system.
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    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: The focus of this study is to examine different factors that influence a firm's technology cycle time. The U.S. pharmaceutical industry is analyzed from 1977–1991. Specifically, the sample includes 21 firms that (a) primarily produce brand ethical drugs, (b) are publicly-owned companies, and (c) have pharmaceutical sales account for a substantial portion of company sales.Our measure of faster technology cycle time is positively correlated to measures of the knowledge base level of firms, the breadth of firms’ knowledge bases, size, and age; it is negatively correlated to advertising expenditures and the percent of US. firm sales to total sales. However, the most notable finding is that technology cycle time is significantly faster for firms that predominantly generate new knowledge internally, and slower for firms that rely more on external sources of new knowledge.
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    R & D management 26 (1996), S. 0 
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    Topics: Economics
    Notes: This paper analyzes the reasons for Japanese/U.S. collaborations in the biotechnology industry, and considers the question of whether such alliances pose a threat to the North American industry. Japan's technological competitiveness in biotechnology is examined in terms of its strengths and perceived weaknesses. Ways in which Japan is attempting to overcome these weaknesses are identified. As well, the strengths and weaknesses of the North American biotechnology industry are assessed. The paper concludes with recommendations for government and R&D managers on how to preserve U.S. competitiveness. R&D managers must keep abreast of their techno-global competitive environments. While organizations can enter into alliances to improve their competitiveness they must be aware of the dangers of collaboration, and to benefit from their alliances they must enhance their organizational learning. Organizations must be aware of the pitfalls of alliance formation, and any alliance must be viewed in its national context. Last, but not least, managers must be more effective in their management of the processes of technological innovation.
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    Topics: Economics
    Notes: Very little is known about the information used by managers to evaluate, plan and control R&D alliances. This paper focuses on the R&D accounting numbers that may be used and points to their inherent limitations and their potential to mislead. Alliance partners, in particular, need a clear agreement on the activities they include in R&D and on the costs they attribute to those activities.
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    Topics: Economics
    Notes: The Chinese economic system is undergoing a transformation from a centrally planned to a market economic system. The process is difficult for at least two reasons: civilian producers lack innovative capability; R&D intensive defense firms need to shift some of their production to civilian markets. The latter requires management innovations that are difficult to master under present-day conditions. Based on the system characteristics of the Chinese defense industry we discuss its problems in managing technological innovation. We conclude that to facilitate the conversion process to civilian markets Chinese defense firms should be encouraged to split off those activities that are aimed at civilian markets.
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    Topics: Economics
    Notes: This paper is based on survey interviews with 64 respondents conducted in four Hungarian Research Institutes during the spring of 1993. The main objective of the research was to assess progress made with the exploitation of intellectual property contained within these bodies. This investigation has two subsidiary goals. First, given a rapid decline in funding provision by the Hungarian government for these organisations, an initial task of the work was to ascertain the actual and potential financial contribution that has been made from consultancy activities and new 'spin off firms. Second, existing 'spin off firms which had emanated from these sources were examined to ascertain if they had potential for providing industrial growth in the local Hungarian economy. The paper concludes, on the basis of detailed evidence, that progress has been disappointing, and moreover, that severe barriers to the achievement of both these goals continue to exist within the Hungarian economy. Coherent planning will be necessary to exploit potentials which are in danger of being lost through the haemorrhaging of staff to foreign employment opportunities.
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    Topics: Economics
    Notes: The purpose of this paper is to show how certain internal organisational activities affect an organisation's ability to engage in the external acquisition of technology commonly referred to as inward technology transfer. The study focuses on a technology trawling exercise conducted by ICI and reveals difficulties in ‘receptivity’ on the part of the receiving businesses. A conceptual framework is developed which identifies four major components of the inward technology transfer process. These are: ‘Awareness’-‘Association’-‘Assimilation’-‘ Application’. Using this conceptual device separate studies are conducted within two large multinational chemical companies in the North West of England. The findings reveal the importance of certain non-routine activities and indicate how successful organisations are able to manage the tension between the need for creative non-routine assimilation processes to generate a ‘receptive’ environment for future growth and efficient routine activities to remain competitive in the short-ierm.
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    Growth and change 30 (1999), S. 0 
    ISSN: 1468-2257
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    Topics: Geography , Economics
    Notes: Interest in the use of adjustment models has recently increased as analysts have come to see the value of these models in the study of regional growth processes. Adjustment models are especially useful in clarifying the nature and direction of population-employment interactions. However, other models of regional growth suggest that employment should not be treated as a single homogeneous variable, as is the usual assumption in regional adjustment models. This paper looks at the issue of employment disaggregation, and suggests that adjustment models can be alternatively specified by making use of economic base theory to separate employment into at least two broad sectors. Alternative economic base specifications are tested using data for the nonmetropolitan counties (n=254) of the US. Rocky Mountain West during a recent time period. The results show that an economic base version of the adjustment model provides insights to regional change that are not available from the traditional version of the model.
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    Growth and change 30 (1999), S. 0 
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    Topics: Geography , Economics
    Notes: Book review in this article:East Asian Development: Will the East Asian Growth Miracle Survive? Edited by F. Gerald Adams and Shinichi Ichimura.Regional Change in Industrializing Asia. Edited by Leo van Grunsven.Black Powe/White Power in Public Education, by Ralph Edwards and Charles V. Willie.
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    Growth and change 30 (1999), S. 0 
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    Topics: Geography , Economics
    Notes: Fiscal devolution fiom federal to state jurisdictions gives states more authority but also more responsibility for redistributing and stabilizing income. Both the revenue and expenditure sides of a state's budget are affected. This paper describes a social accounting matrix approach to documenting multi-regional, multi-jurisdiction fiscal accounts, called a fiscal SAM. Two of the many potential uses of a fiscal SAM are demonstrated. First, a fiscal SAM of rural, urban, and metro areas of Iowa is used directly to describe and compare the benchmark net fiscal situations of interdependent regions. Second, it is used to analyze the impacts of an economic downturn under a block-grant welfare system.Substate regions are relatively more specialized than state or national economies. Thus, for example, shocks to agriculture will directly affect agriculture-dependent counties more than other types of counties. Substate regions are also more interdependent than states, as well as more open than the nation as a whole. This means that indirect and spatial spillover effects of fiscal and other exogenous changes can be surprisingly large between counties. Here, analysis of fhe multipliers highlights the relative intensities of within and across-region effects of changes in the form of intergovernmental transfers. The multiplier simulation estimates the relative impacts and spillover effects of economic shocks under the new regime.
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    Growth and change 30 (1999), S. 0 
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    Topics: Geography , Economics
    Notes: Many counties in the mountainous areas of the western U.S. are experiencing rapid growth in population and income, even though extractive industries that served historically as their primary economic base are in decline. The purpose of this paper is to establish statistically the spatial determinants of population, employment, and income densities in 86 rural mountain counties and any changes in those determinants between 1985 and 1994. The results of this analysis indicate that densities are oriented to regional metropolitan centers and critical amenities such as ski areas, national parks, and universities or colleges. Negatively sloped density gradients with respect to distance from regional metropolitan centers suggest that the densities of settlement patterns beyond metropolitan boundaries are analogous to those within metropolitan areas relative to urban centers. In short, a tension apparently exists in locational choice; residents of the Mountain West desire to live near the beauties and amenities of the mountain landscape but do not want to entirely sever their urban ties. Because amenities are the primary attraction of mountain counties rather than employment in locationally dependent industries, at least some migrants must have relatively footloose forms of income.
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    Topics: Geography , Economics
    Notes: Book review in this article:The California Cauldron: Immigration and the Changing Fortunes of Local. Communities. By William A.V. Clark.Structural Economics, by Faye Dunchin.
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    Topics: Geography , Economics
    Notes: This paper takes seriously the idea that international trade has played an important role in explaining both some convergence between developed economies as well as rising inequalities at the personal level. Previous studies used traditional trade theory as a reference framework. The empirical consensus is now that differences in factor endowment explain at best a small fraction of rising wage inequalities. This argument, by contrast, builds on labor specialization and increasing returns. Deeper economic integration allows trade in differentiated intermediate goods and primary tasks, thus transforming local increasing returns into global increasing returns. This pushes towards geographical equalization. At the same time, deeper integration also increases the size of the pool of available skilled workers. This may lead them to a‘technological secession’as it makes more skill-demanding technologies more profitable. Technological secession in turn fosters wage inequalities at the personal level.
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