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Although there is growing evidence on the role of agglomeration economies in the formation and growth of firms, both the concepts of agglomeration economies and entrepreneurship tend to be ambiguously defined and measured in the literature. In this study, we aim to improve the conceptualisations...
Persistent link: https://www.econbiz.de/10010261507
In this review article I place industrial economics at the center of the explanation for the geographic properties of Internet infrastructure, applying this established mode of analysis to the unique cost structures and demand characteristics of these markets. I begin with an overview of the...
Persistent link: https://www.econbiz.de/10010263352
We develop a model with two asymmetric countries. Firms choose the number and the location of plants that they operate. The production of each firm increases when trade costs fall. The fall also induces multinationals to repatriate their production into a single country, which is likely to be...
Persistent link: https://www.econbiz.de/10010269247
Urbanization economies - the effects on productivity and utility created endogenously by larger cities - are a fundamental component of both the economic geography of modern societies and the perpetuation of innovation and economic growth at a national level. Cities account for vast majorities...
Persistent link: https://www.econbiz.de/10010269597
Technological change is a central element in macroeconomic growth explanation. Endogenous growth models take a revolutionary step towards better understanding the economic growth process by deriving technological change from profit-motivated individual behavior. In endogenous growth theory...
Persistent link: https://www.econbiz.de/10010271741
As early on as in the writings of Montesquieu and Adam Smith, geography plays a preponderant role in explaining disparity of development between nation‐states. Smith placed the emphasis on topography, and especially on the role of coasts and rivers in the development of regions. For...
Persistent link: https://www.econbiz.de/10011452603
As emphasised in the beginning, the considerations presented here are very preliminary by nature. Nevertheless, some of the aspects discussed seem worth summarising. First, financial markets worldwide show a tendency of asymmetric regional " clustering" with newly emerging places challenging the...
Persistent link: https://www.econbiz.de/10010295362
International analysis of economic growth has confirmed the theoretical assumption that international variations in per capita income can to a large extent be explained by differences in the accumulation of capital and human capital and by differing rates of technological progress. However,...
Persistent link: https://www.econbiz.de/10010296574
This paper addresses new trends in quantitative geography research. Modern social science research - including economic and social geography - has in the past decades shown an increasing interest in micro-oriented behaviour of actors. This is inter alia clearly reflected in spatial interaction...
Persistent link: https://www.econbiz.de/10010326470
Using an analytically solvable equilibrium model, we study how the distribution of economic activities is affected by the trade-off between pecuniary externalities, as dependent on transportation costs, and localized technological externalities, as dependent on inter-regional spillovers. We...
Persistent link: https://www.econbiz.de/10010328418