A new economic geography of finance is emerging, and the current "financialization" of contemporary economies has contributed greatly to the reshaping of the economic landscape. How can these changes be understood and interpreted, especially from a territorial point of view? There are two...

Space has always been more or less present in economic theories. Nevertheless, traditional approaches, as well as the so-called new economic geography, introduce space subsequently. Economic theories are first built independently of spatial and temporal contexts, for example, through costs...

Measures of entrepreneurship, such as average establishment size and the prevalence of start-ups, correlate strongly with employment growth across and within metropolitan areas, but the endogeneity of these measures bedevils interpretation. Chinitz (1961) hypothesized that coal mines near...

Cultural re-imaging through iconic art museums aims to create symbolic capital for a place in the form of creative images, reputation, and associations with innovation. While literature has long identified architectural uniqueness as a potential driver of brand competitiveness, we argue...

Related variety is important to regional growth because it induces knowledge transfer between complementary sectors at the regional level. This is accomplished through three mechanisms: spinoff dynamics, labor mobility and network formation. They transfer knowledge across related sectors, which...

The paper aims at testing Florida’s concept of the Creative Class using panel data for 323West German regions for the time period 1975–2004. Applying a dynamic system approach based on GMM, we find that the local concentration of the Creative Class has predictive power for the economic...

The purpose of our study is to estimate the relationship between a New York State census tract''s exposure to toxic industrial pollutants and various socioeconomic variables. Our measure of exposure takes into account not only the distance between each pollution source – census tract...

This paper examines the sources of spatial disparities in output per capita across the European regions over the period 1986-2004. To this end, a decomposition of the Theil´s second measure of inequality is used. The analysis carried out shows the important role played by labour productivity...

Using i) the Public Use Micro Sample data from the 2000 US Census of Population and Housing, and ii) fiscal information from the state of Michigan Budget Office, we estimate the net (benefit minus cost) fiscal impact of immigrants in the state of Michigan. We have shown that both immigrant and...

In this paper we investigate the relationship between economic growth and industrial pollution emissions in China using data for 112 major cities between 2001 and 2004. Using disaggregated data we separate FDI inflows from Hong Kong, Macao and Taiwan from those of other foreign economies. We...