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The Long-Term Consequences of Regional Specialization

Michaels, Guy - C.E.P.R. Discussion Papers - 2006

What are the consequences of resource-based regional specialization, when it persists over a long period of time? While much of the literature argues that specialization is beneficial, recent work suggests it may be costly in the long run, due to economic or political reasons. I examine this...

Persistent link: https://www.econbiz.de/10005123671

Resetting the Urban Network: 117-2012

Michaels, Guy; Rauch, Ferdinand - C.E.P.R. Discussion Papers - 2013

Do locational fundamentals such as coastlines and rivers determine town locations, or can historical events trap towns … in unfavorable locations for centuries? We examine the effects on town locations of the collapse of the Western Roman … more often found in Roman-era town locations in France than in Britain, and this difference still persists today. The …

Persistent link: https://www.econbiz.de/10011083231

Task Specialization in U.S. Cities from 1880-2000

Michaels, Guy; Rauch, Ferdinand; Redding, Stephen J. - C.E.P.R. Discussion Papers - 2013

We develop a new methodology for quantifying the tasks undertaken within occupations using 3,000 verbs from around 12,000 occupational descriptions in the Dictionary of Occupational Titles (DOTs). Using micro-data from the United States from 1880-2000, we find an increase in the employment share...

Persistent link: https://www.econbiz.de/10011084281