Hybrid journal (It can contain Open Access articles) ISSN (Print) 1468-2702 - ISSN (Online) 1468-2710 Published by Oxford University Press[370 journals]
Authors:Zhu S; He C, Zhou Y. First page: 521 Abstract: Recent studies have argued that regional diversification emerges as a path-dependent process. Developed countries that industrialize do so first from core areas in an uneven industry space and have more opportunities to jump to new related industries and sustain economic growth than do developing countries that jump from peripheral areas. Can developing countries/regions jump further to break these path-dependent trajectories? Based on China’s export data, we show that regions can make such a jump by investing in extra-regional linkages and internal innovation. The effects of these two sets of variables vary across regions and industries. PubDate: 2017-01-23 DOI: 10.1093/jeg/lbw047
Authors:Burt S; Johansson U, Dawson J. First page: 685 Abstract: Embeddedness, and its constituent types, has been employed as a conceptual framework to explain the processes of host market acculturation in retail internationalisation. The retail industry is not, however, a homogeneous business sector. Differences exist between retail sectors, retail formats and governance modes in how retail business models evolve and how a retail business operates in a market. These differing characteristics alongside the coercive, mimetic and agency pressures arising from interactions among institutions, consumer market cultures and firms determine the emphasis placed upon different embeddedness types and how embeddedness occurs. Consideration of these factors allows us to ‘dissect’ the generic embeddedness concept and gain a more nuanced understanding of the processes involved. A deeper understanding of the nature and process of embeddedness will support future studies using the concept across many economic sectors. PubDate: 2017-01-19 DOI: 10.1093/jeg/lbw045
Authors:Qin Y. First page: 489 Abstract: Infrastructure investment may reshape economic activities. In this article, I examine the distributional impacts of high-speed rail upgrades in China, which have improved passengers’ access to high-speed train services in the city nodes but have left the peripheral counties along the upgraded railway lines bypassed by the services. By exploiting the quasi-experimental variation in whether counties were affected by this project, my analysis suggests that the affected counties on the upgraded railway lines experienced reductions in GDP and GDP per capita following the upgrade, which was largely driven by the concurrent drop in fixed asset investments. This article provides the first empirical evidence on how transportation costs of people affect urban peripheral patterns. PubDate: 2016-06-17 DOI: 10.1093/jeg/lbw013
Authors:Zhang W; Wrenn DH, Irwin EG. First page: 547 Abstract: Using data on subdivision development from 1960 to 2005 in the Baltimore, Maryland region, we develop a new, subdivision-specific measure of leapfrog development. Applying this measure, we find that about 80% of developable land that was more accessible to the urban center than newly built subdivisions remained undeveloped as of 1960. This amount declined by more than 50% over our 45-year study period to 36% in 2005. We compare this pattern with a hypothesized pattern generated by a parameterized intertemporal urban growth model and find that the observed pattern is consistent with urban economic theory, including the implied effects of zoning. Specifically, by fixing the allowable development density, low-density zoning eliminates the incentive to withhold more accessible land and thus reduces leapfrog development, a prediction that we confirm empirically. The results illustrate the efficacy of the urban growth model and the substantial influence of spatially heterogeneous zoning on urban land development patterns. PubDate: 2016-04-04 DOI: 10.1093/jeg/lbw007
Authors:Ciżkowicz P; Ciżkowicz-Pękała M, Pękała P, et al. First page: 571 Abstract: A set of panel and spatial panel data models of employment and investment is estimated for 379 Polish counties over the 2003–2012 period using unique firm-level dataset for Polish special economic zones (SEZs). SEZs have strong positive impact on employment in the host county as well as in neighboring counties. The effects of SEZs on investment are weaker but nonetheless positive—investment in a given SEZ neither crowds out nor crowds in investments outside the SEZ. These findings are robust to changes in the estimation methods, the sample composition, the set of explanatory variables and the selection of a spatial weight matrix. PubDate: 2016-10-19 DOI: 10.1093/jeg/lbw028
Authors:Kyriakopoulou E; Xepapadeas A. First page: 607 Abstract: We study the optimal and equilibrium distribution of industrial and residential land in a given region. The trade-off between agglomeration and dispersion forces in the form of pollution from stationary forces, production externalities and commuting costs, determines the emergence of industrial and residential clusters across space. In this context, we define two kinds of spatial policies that can be used in order to close the gap between optimal and market allocations. More specifically, we show that the joint implementation of a site-specific environmental tax and a site-specific labor subsidy can reproduce the optimum as an equilibrium outcome. The methodological approach followed in this article allows for an endogenous determination of land use patterns. PubDate: 2016-07-14 DOI: 10.1093/jeg/lbw018
Authors:Lengyel B; Eriksson RH. First page: 635 Abstract: The mobility of workers is an important source of regional dynamics, but the effect of mobility on regional productivity growth is not straightforward, as some firms tend to win while others lose from mobility. In the present paper, we argue that the co-worker networks across plants that are established by labour moves are important for both local learning opportunities and job matching quality and should hence facilitate regional growth. We therefore propose a new homophily-biased perspective on co-worker network creation and show that it suits geographical analyses better than random networks do. Moreover, panel vector autoregression models provide systematic evidence that an increase in co-worker network density is positively related to regional productivity growth. This is found to be important even when only ties across plants that are not directly linked by labour mobility are included. PubDate: 2016-09-28 DOI: 10.1093/jeg/lbw027
Authors:Liu R; Scholnick B, Finn A. First page: 661 Abstract: We hypothesize that face-to-face communication between international business partners is a valuable mechanism for reducing transaction costs, even in contexts where electronic communication is pervasive. Specifically, we examine whether face-to-face interactions (as measured by international business travel) have greater impacts where transaction costs are higher, e.g., where services with greater complexity are outsourced offshore. Matching data from the Survey of International Air Travelers with Bureau of Economic Analysis data on U.S. service outsourcing, we find that international business travel leads to more outsourcing of more complex services. We further provide evidence on the differential role of international business travel by showing that: (i) business travel by managers leads to relatively more outsourcing of more complex services and (ii) business travel by non-diaspora members leads to relatively more outsourcing of more complex services. PubDate: 2016-09-28 DOI: 10.1093/jeg/lbw025
Hybrid journal (It can contain Open Access articles)
[370 journals]
