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This book clarifies the mechanisms of economic globalization in changing industries’ locations and shows how industries’ locations have changed through those mechanisms. First, the book deals with the retailing industry. Introducing the concept of a contact price into the market area analysis, it is shown in Part I that retailers’ market areas and prices are changed in different ways by a reduction of transportation costs. The mechanism of these changes is explained by checking the contact prices at apexes of the retailers’ market areas. Then the book moves to the manufacturing industry and deals with a firm’s production process. Part II of the book shows the manner in which the production volume of factories within an agglomeration is decreased as the number of factories within the agglomeration increases. Subsequently, considering the fact that many production factories depart from agglomerations to other sites to reduce production costs, a method of searching for a factory’s new site is proposed in which a firm can seek out an optimal location of a factory in a short period of time. By referring to a chaotic phenomenon, a firm sets a location prospective area in a large geographical area and selects an optimal location within that area. In the third part of the book the city system is the focus. Part III elucidates the theoretical formation of a city system and analyzes structural changes of a city system due to a reduction of transportation costs. The mechanism of the change is explained by a flexible market area theory which studies a city system by using the market areas established in the free-entry equilibrium. Then, the economic relationships between the cities within a city system are examined from the point of view of the land rent in the cities’ areas. This analysis shows the influences of a change in the largest city on other cities. Finally, the relationships between a city system and regional performance are examined using real data. The examination shows that the city system reveals the regional performance.
This book presents a variety of research papers on factories’ locations, city systems, and regional development. Consisting of three parts, it provides insights into the locational aspects of firms’ activities from a strategic perspective. Part 1 discusses decision-making in the context of location, specifying the motivation for firms to move their factories provided by the corporate tax system. It also presents a case study from East Asia to clarify a mechanism by which firms move factories. Part 2 addresses city systems, offering theoretical clues to understanding why city systems are important to regional economies. It also clarifies from the empirical analysis the relations between city systems and the performances of regional economies. Part 3 investigates the topic of industrial parks, demonstrating how they form a basis for establishing industrial clusters in regional economies. In addition, it examines the economic phases, such as economic disparity, generated in the process of development.
This timely volume provides a thorough analysis of current trends in location and relocation of economic activity globally, regionally and locally. Using robust empirical material this book offers a multidisciplinary, comprehensive overview, critique and extension of long-established theories underpinning patterns of firm (re)location. It explores dominant trends in the mobility and relocation of industries and firms, examines the factors guiding such trends and evaluates their consequences in both developed and emerging economies in Europe, Asia and Latin America. This book will be appreciated by diverse audiences. Geography and regional science researchers of ‘economic activity location’ can engage with the critical appraisal of key theoretical concepts and an analysis of recent empirical data. Students of human and economic geography, planning, regional development, and global supply chain management in senior years of undergraduate programmes and completing postgraduate degrees will appreciate the accessible language, multiple examples and graphical illustrations of theoretical frameworks underpinning location and relocation of firms and industries, and its consequences. Practitioners, including local and regional policy makers and location consultants will enjoy the comparative discussion of solutions and practices adopted in localities, regions and countries as diverse as China, Brazil, The Netherlands and Poland.
Cross-border flows of goods, services, capital, knowledge, and ideas have substantially increased. This book focuses on how the interface between firm-specific advantages, liability of foreignness, and location-specific advantages are spelled out in the more global world.
In a highly globalised trade and investment environment, businesses in regional areas must learn to take advantage of the benefits that stem from their geographical location. This book explains the immense value regional businesses bring to local communities and to Australia as a whole through case studies. The case studies are diverse in nature and highlight how regional businesses utilise their competitive advantage to introduce innovative practices and use local expertise, knowledge, skills, and networks to benefit from local social capital in a synergetic manner. The case studies in the book will help readers better understand the processes of industrial localisation. The examples of how innovative regional businesses have used innovative practices, local resource leverage, social and entrepreneurial skills and knowledge of international markets to develop and expand their businesses will provide insights into how regional businesses can achieve growth and secure jobs in an innovative and sustained manner.
A collection of essays by twenty-three of Canada's leading economic geographers, Canada and the Global Economy is a comprehensive study of the evolving economic and geographic patterns of Canadian development. It provides a benchmark for research on the spatial development of the Canadian economy. The contributors explore four central themes: the locational impacts of the openness of the Canadian economy, Canada's relatively simple economic geography in terms of regional variations in resources and urban development, the problems of keeping pace with rapid advances in technology, and the role of government in maintaining a national market and assisting economic development. They outline the essential elements of Canada's contemporary economic geography and highlight the origins and spatial imprint of change in the Canadian economy; in particular they provide an assessment of Canada's participation in significant international patterns of economic change. Canada and the Global Economy is concerned not only with the economic size and location of consumption and production but also with institutional changes and shifts in employment, the sectoral composition of economic activity, and the organizational structure and locational behaviour of particular industries and firms. Special attention is given to the technological development of both established industries and new service and manufacturing activities. A timely addition to the field, it provides a geographic perspective on significant changes in jobs and types of work that result from the transformation of economic activities.
This book analyses the present global financial and economic crisis, the most severe in nearly a century, and a wider set of multiple and converging crises with aspects and repercussions that go well beyond the current economic climate. Written by some of the world’s leading international scholars in the field of Globalization studies and related disciplines, this important collection addresses numerous key aspects of the relationship between Globalization and global crises, past, present, and future. It sheds new light and understanding on the concept and theory of Globalization and of ‘crisis’. The authors explore such issues as global finance and financial regulation, neoliberal ideology and policy, the ‘crisis of globalization’, the decline of Western hegemony, world systemic crisis, the moral crisis of ‘Western capitalism’, environmental and climate change crises, world order, hyper-violence and the international system, a crisis of the ‘global modern’ and a global civilisational and hostpric crisis, the rise of the global South, the historical dialectics of capital and social responses to crisis, the future of capitalism and the prospects for transformative alternatives. This book was published as a special issue of Globalizations.
The formation of transnational urban spaces is a relevant and challenging field of interdisciplinary research, which deserves much more debate in order to deepen our understanding of generating and restructuring urban spaces under conditions of contemporary globalisation processes. This edited collection reflects current studies on the relation of transnationalism and urbanism. Scholars from disciplines including Geography, Ethnography and Urban Planning discuss theoretical approaches, methodology and case studies on processes of the production of urban spaces through global economic value chains, socio-cultural practices, and political governance strategies. Cities are appropriate sites for an examination of the spatial dimension of transnationality because this is where global processes are concentrated, localized, transformed and materialize. In this context, urban space is not merely to be regarded as a setting for transnational practices, but as a constituent force of transnationalism in all its manifestations.
Renowned authority in international business, John H. Dunning, here elaborates his theories on the current situation of foreign direct investment and multinational enterprises. A unique study of contemproary capitalism and its possible future.
"An invaluable text for all those interested in cities and economic change. Empirically grounded, theoretically informed, and written in a highly accessible way to help students understand processes underlying the changing urban economy, urban governance, and the role of place." - Lily Kong, National University of Singapore "Editors and contributors leave readers in no doubt about the extent of the transformations coursing through urban economies in the global north and south." - Kevin Ward, University of Manchester "An essential read for anyone interested in the role of cities in the changing global space economy." - James Faulconbridge, Lancaster University "A timely and path-breaking contribution to the urban literature. It stands out as an excellent addition to the expanding urban library and a key reference on urban issues." - George C.S. Lin, Hong Kong University Cities and Economic Change combines a sound theoretical grounding with an empirical overview of the urban economy. Specific references are made to key emergent processes and debates including splintered labour markets, informal economies, consumption, a comparative discussion of North and South, and quantitative aspects of globalization. The text is clear and accessible, with pedagogical features and illustrative case studies integrated throughout. The use of boxes for city examples, key questions for discussion at the end of main chapters together with suggested readings and key web sites are designed to aid learning and understanding.