The paper provides an empirical investigation of labor market pooling. The analysis concentrates on Italian industrial districts and shows that there is fragmentary evidence of a widespread wage premium. In particular, there is no evidence of district differentials for the returns to seniority...

This paper explores domestic mergers and acquisitions (M&As) from the regional perspective. The Finnish firm-level evidence reveals that geographical closeness matters a lot for M&As within a single country. Thus, a great number of domestic M&As occur within narrowly defined regions....

The cultural economy is defined in terms of a set of sectors ranging from certain traditional artisanal industries like clothing or jewelry on the one side, to newer media industries like sound recording or television program production on the other. I provide an overview of the industrial...

A general outline of the functional and spatial characteristics of the clothing industry in Southern California is sketched out. Two important trends are noted: (a) the increasing design- and knowledge-intensive structure of the industry and (b) the marked increase in offshore subcontracting by...

This paper tries to resolve the paradox raised by Corden and Findlay (1975). In this paper, it is assumed that Manufacture sector has scale economies. Both factor prices and product prices can adjust in a general equilibrium system. In a closed economy, this paper concludes that, with the...