Changing pattern of global specialization and trade has affected the regional economic landscape in Europe significantly during the last decades, often even more than endogenous factors or policy measures. After a period of conversion, processes of diversion has reentered the scene, particularly...

This paper establishes eight stylized facts on the evolution of the localization of economic activity across industries and regions in the EU-15 since 1980. Localization, which nests concentration and specialization, is measured by a Theil index. The stylized facts reveal a broad aggregate trend...

This paper disentangles the single effects of increasing transportation costs on the arising economic structure and applies them to the regional level of the metropolis of Hamburg. Therefore we begin with a general indexing of the metropolis Hamburg in the context of Germany's ten biggest cities...