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In this paper, the relationship between high-speed rail (HSR) and agglomeration economy in the scope of specialization … and diversity is investigated. The main objective is to answer two questions: first, to determine whether specialization … or diversity promotes economic productivity, and second, to determine whether HSR promotes specialization or diversity …
Persistent link: https://www.econbiz.de/10012007694
Large metropolitan regions with pollution, congestion and high rents remain the supernatural economic places. The mystery of what exactly raises productivity in large cities continues. Going back to the famous pin factory of Adam Smith, the answer might be that city workers are able to...
Persistent link: https://www.econbiz.de/10011513900
Recent empirical work has shown that there exists a negative relation between wages and unemployment estimated across …. In setting wages firms perceive their influenae on the wage-unemployment trade-off, thus taking the employment decisions … specialised labour, workers receive higher wages and face lower unemployment. …
Persistent link: https://www.econbiz.de/10010407087
The question whether agglomeration externalities arise either from specialization or diversification of economic … the specialization of skills has a positive effect on the level on new firm entry in all sectors. In contrast to this, our … results for Germany reveal exactly the opposite effect. These results suggest that both specialization and diversity theories …
Persistent link: https://www.econbiz.de/10003888000
The paper Investigates stability and change of regional economic activities in the long-run. As the unit of analysis we selected the machine tool industry in West Germany for the years 1953 to 2002. We spot a strong variance in the activities between the different regions. These differences are...
Persistent link: https://www.econbiz.de/10003875574
In this paper, we analyse Friedrich List's contribution to the modern theory of economic development. We argue that Friedrich List saw economic development as a combination of a sectorial division of labour (following Adam Smith, 1776) and a geographical division of labour across regions and...
Persistent link: https://www.econbiz.de/10011484446
dramatic turn. The economy as a whole and all the Spanish regions were strongly affected -unemployment, negative growth rates … divergence pattern using the regional productive specialization, the changes in productive structures and their effects in terms …
Persistent link: https://www.econbiz.de/10011499410
-level analysis, however, shows substantial heterogeneity across fields highlighting the role of smart specialization and in …
Persistent link: https://www.econbiz.de/10013169312
We investigate the relationship between high-speed rail (HSR) and agglomeration economy in the scope of specialization … and diversity to answer two questions: first, to determine whether specialization or diversity promotes economic … productivity, and second, to determine whether HSR promotes specialization or diversity. Specialization/diversity agglomeration …
Persistent link: https://www.econbiz.de/10012845033
to cities developing a pattern of sectoral specialization, and the latter a pattern of functional specialization. This … predictions of the model are consistent with changes in the pattern of specialization in the US over recent decades. The model … insights, including that, as costs of remote sourcing fall, cities’ functional specialization tends to increase and their …
Persistent link: https://www.econbiz.de/10012417745