The direct impact of local public goods on welfare is relatively easy to measure from land rents. However, the indirect effects on home and job location, on land use, and on agglomeration benefits are hard to pin down. We develop a spatial general equilibrium model for the valuation of these...

This paper studies the recent trends in the spatial distribution of economic activity in the United States. Using county-level employment data for 13 sectors - which cover the entire economy - we apply semi-parametric techniques to estimate how agglomeration and congestion effects have changed...

It is argued that the introduction of new technology is leading toward the decentralization of the production and consumption of creative products and industries. But creative industries and workers may benefit from being around large markets, access to shared labor, network interactions and...

Large media clusters have emerged in a limited number of large cities, characterizing the geographical concentration of the global media industry. This paper starts by exploring the effect of the rapid advancement of Information and Communication Technologies (ICT) had on the media economy. It...

This paper provides an overview of relevant topics in contemporary research concerned with global, national, regional and local knowledge and innovation dynamics. In particular, we highlight how the global scene is changing in the contemporary world economy that we char-acterize as a knowledge...

Large media clusters have emerged in a limited number of large cities, characterizing the geographical concentration of the global media industry. This paper explores the reasons behind the localization patterns of media industries, the effect of the rapid advancement of Information and...