The presence of localized industrial aggregation, also from the viewpoint of regional and country growth theories, can be regarded as a potential competitive advantage for regions or nations. While there is an abundance of qualitative analysis of the clustering of single industries and the way...

The share of children employed in English cotton factories fell significantly before the introduction of effective child labor legislation in the early 1830s. The early factories employed predominantly children because adults without factory experience were relatively unproductive factory...

We investigate the impact of trade integration between Canada and the United States on the degree of industrial specialization of the Canadian regions. Trade integration is captured through the decrease of trade-weighted tariffs that was boosted by the implementation of the Canadian-U.S. Free...

This paper compares two alternative growth paths, assessing the effects on productivity of specialisation in natural resources (NR) and in technologically advanced products. The empirical analysis exploits product-level export data for 109 developing and 51 developed economies over the period...

We analyze how trade affects aggregate volatility using a multi-country, multiindustry, and multi-destination framework. We decompose aggregate output growth risk into destination risk, origin risk, and idiosyncratic risk (and their covariances). We then use this framework to run counterfactuals...