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Direct investments, cooperation links, information flows, global infrastructure, as well as agglomeration effect, fill up the space with geo-economic content. In this paper, a classification of the main territorial elements of globalized geo-economic space (GGS) was done. In that way, we...
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In this chapter we look at the spatial distribution of economic activities in China and Japan. Japan has excellent data and relatively uniform institutions since World War II, which allow us to track its spatial evolution and detail its key features today. For Japan we show how structural shifts...
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The division of labor between and within countries is driven by two fundamental forces, comparative advantage and increasing returns. We set up a simple Ricardian model with a Marshallian input sharing mechanism to study their interplay. The key insight that emerges is that the interaction...
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