In Silicon Valley's computer cluster, skilled employees are reported to move rapidly between competing firms. This job-hopping facilitates the reallocation of resources towards firms with superior innovations, but it also creates human capital externalities that reduce incentives to invest in...

An analytically solvable model of new economic geography is developed. Acquisition of skills is costly for workers but it allows them to earn wages that are larger than those of the unskilled. Moreover, skills acquisition can be subsidized by a regional government. For large transport costs,...

This paper provides a simple theory of geographical mobility which simultaneously explains people’s choice of residences in space and the location of industry. Residences are chosen on the basis of the utility which mobile households obtain across locations. The spatial pattern of industry is...

This paper aims at analyzing the role of several monetary variables in the development of different regions based on particular understandings of what a region is and the money functions in capitalist economies. The concepts of central place and economic poles are used to characterize the...

This paper analyses the labour intensive industries relocation in EU-27 by exploring the industry concentration, specialization and countries competitiveness. The analysis is based on NACE classification data, Division from 15-37 for EU countries. It has been studied the structural adjustment of...

Recent studies suggest that the correlation of stock returns increases with decreasing geographical distance. However, there is some debate on the appropriate methodology for measuring the effects of distance on correlation. We modify a regression approach suggested in the literature and...

the main framework is based on the two good--two country--three region Ricardian Model, including migration. We manifest that, even if the technology is improved in the foreign country at a moderate level so as not to exceed the technology in one advanced region in the home country and so as to...

This paper analyzes the border effect, which indicates how biased interregional trade is, compared with international trade, by means of the Gravity Model. The border effect reveals how open to the foreign countries the nation is. This research suggests that the border effect in Japan is much...

This paper describes a method for introducing more regional detail into an applied general equilibrium model than is available from the top-down approach to disaggregation. Recognizing that the complete set of inter-regional accounts is rarely available, the method described uses available data...

This study uses Iowa Hospital Association records related to inpatient and outpatient procedures performed at rural Iowa hospitals to examine how institutional, location, and individual characteristics affect choice of hospitals for rural residents. The rural residents most likely to bypass...