Related variety is important to regional growth because it induces knowledge transfer between complementary sectors at the regional level. This is accomplished through three mechanisms: spinoff dynamics, labor mobility and network formation. They transfer knowledge across related sectors, which...

The relative stability of aggregate labor's share constitutes one of the great macroeconomic ratios. However, relative stability at the aggregate level masks the unbalanced nature of industry labor's shares - the Kuznets stylized facts underlie those of Kaldor. We present a two-sector - one...

To what extent did the colonial public policy influence the current regional inequalities in the French- speaking West Africa? This paper uses the differences in development outcomes across the areas of the former French West Africa to show the existence of colonial long term effects on...

Measuring labor's share of an economy's aggregate income seems straightforward,at least in principle. Count up wage and salary income, along with the value of benefitsprovided to employees, and divide it by total income. However, one fundamentalconcept of labor's share in macroeconomic theory is...

Klepper’s theory of industry clustering based on organizational reproduction and inheritance through spinoffs challenged the Marshallian view on industry clustering. The paper provides an assessment of Klepper’s theoretical and empirical work on industry clustering. We explore how ‘new’...

This paper investigates the impact of related variety on regional employment growth in Finland between 1993 and 2006 by means of a dynamic panel regression model. We find that related variety in general has no impact on growth. Instead, after separating related variety among low-and-medium tech...

This aim of this paper is to present the objectives and scope of an evolutionary approach to economic geography. We argue that the goal is not only to utilise the concepts and ideas from evolutionary economics (and evolutionary thinking more broadly) to help interpret and explain how the...

The micro-meso-macro approach is an analytical framework to study processes of economic evolution. In economic geography it has been hardly taken up so far. Using the example of spatial implications of corporate processes of adaption and renewal after structural interruptions, this paper shows...

The evolutionary turn in economic geography has proposed that regional diversification is a path-dependent process whereby new industries grow out of preexisting industrial structures through technologically related localized knowledge spillover. This paper examines if this also applies for...