To what extent do New Zealand firms choose to locate close to each other, and why? This paper summarises patterns of geographic concentration of firms in New Zealand between 1987 and 2003. We present a range of summary measures of own-industry concentration, and examine between-industry...

A major feature of globalization has been the enormous increase in international flows of goods and services: countries are now trading much more with each other. In this article, the authors demonstrate the greater role vertical specialization is playing in these increased flows. Vertical...

Where the industrial age led to a global division of labor in manufacturing, the information age expands that global division into services. Once theorized as nontradable, services now join goods in the global marketplace, allowing workers in developing countries to participate in lucrative...