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This book provides the first unifying treatment of the range of economic reasons for the clustering of firms and households. Its goal is to explain further the trade-off between various forms of increasing returns and different types of mobility costs. Although referring to agglomeration as a generic term is convenient, it should be noted that the concept of economic agglomeration refers to distinct real world situations. The main focus of the treatment is on cities, but it also explores the formation of agglomerations, such as commercial districts within cities, industrial clusters at the regional level, and the existence of imbalance between regions. The book is rooted within the realm of modern economics and borrows concepts from geography and regional science, which makes it accessible to a broad audience formed by economists, geographers, regional planners, and other scientists. It may be used in coursework for graduate students and upper-level undergraduates.
Competition for industrial investment at the regional and local levels is weakening not only national borders, but also traditional assumptions and methods for analyzing the spatial distribution of industry and trade. Researchers and practitioners in urban and regional planning, geography, and economics--mostly from Europe but also the US and Japan--describe new approaches, based on such factors as the behavior of individual firms, the behavior of multinational and multiplant firms, and the influence of the local economic environment. They do not try to synthesize the various approaches, but point out the strengths and weaknesses of each in particular situations and for particular purposes. Annotation copyrighted by Book News, Inc., Portland, OR
The motivation for this book comes from the apparent inability of existing orthodox location theory to throw light on a series of location-production problems which are typically faced by modem manufacturing and distribution ftrms. These problems are related to the treatment of time by ftrms, who normally view time costs in terms of inventory costs. From this perspective, traditional industrial location and linkage analysis can be re-cast in a form in which space time problems can be dealt with in a unifted manner. The role played by input factor prices and market prices in location behaviour becomes dependent on the relationship between the frequency of shipment and the distance of shipment. This approach provides new insights into the relationship between the optimal location of the ftrm and the value-added by the ftrm, under conditions of either ftxed or varying local factor prices. The approach can then also be extended to discuss the of the spatial changes involved in the new Just-In-Time (JIT) production question philosophy. I would like to acknowledge the many helpful discussions I have had with Bernard Fingleton, Masahisa Fujita, Geoff Hewings, John McCombie, Ron Miller, John Parr, Tony E. Smith, and my colleagues at the University of Reading. Table of Contents Preface vn Introduction 1 1 Comparing Western and Japanese Industrial Purchasing Linkages 5 1. 1 Western Purchasing Linkages 5 Japanese Purchasing Linkages 7 1. 2 1.
"A comprehensive and highly readable review of the conceptual underpinnings of economic geography. Students and professional scholars alike will find it extremely useful both as a reference manual and as an authoritative guide to the numerous theoretical debates that characterize the field." - Allen J. Scott, University of California "Guides readers skilfully through the rapidly changing field of economic geography... The key concepts used to structure this narrative range from key actors and processes within global economic change to a discussion of newer areas of research including work on financialisation and consumption. The result is a highly readable synthesis of contemporary debates within economic geography that is also sensitive to the history of the sub-discipline." - Sarah Hall, University of Nottingham "The nice thing about this text is that it is concise but with depth in its coverage. A must have for any library, and a useful desk reference for any serious student of economic geography or political economy." - Adam Dixon, Bristol University Organized around 20 short essays, Key Concepts in Economic Geography provides a cutting edge introduction to the central concepts that define contemporary research in economic geography. Involving detailed and expansive discussions, the book includes: An introductory chapter providing a succinct overview of the recent developments in the field. Over 20 key concept entries with comprehensive explanations, definitions and evolutions of the subject. Extensive pedagogic features that enhance understanding including figures, diagrams and further reading. An ideal companion text for upper-level undergraduate and postgraduate students in economic geography, the book presents the key concepts in the discipline, demonstrating their historical roots and contemporary applications to fully understand the processes of economic change, regional growth and decline, globalization, and the changing locations of firms and industries. Written by an internationally recognized set of authors, the book is an essential addition to any geography student′s library.
This unique Handbook examines the impacts on, and responses to, economic geography explicitly from the perspective of the behaviour, mechanics, systems and experiences of different firms in various types of industries. The industry studies approach all
The authors show how a common approach that emphasizes the three-way interaction among increasing returns, transportation costs, and the movement of productive factors can be applied to a wide range of issues in urban, regional, and international economics. Since 1990 there has been a renaissance of theoretical and empirical work on the spatial aspects of the economy—that is, where economic activity occurs and why. Using new tools—in particular, modeling techniques developed to analyze industrial organization, international trade, and economic growth—this "new economic geography" has emerged as one of the most exciting areas of contemporary economics. The authors show how seemingly disparate models reflect a few basic themes, and in so doing they develop a common "grammar" for discussing a variety of issues. They show how a common approach that emphasizes the three-way interaction among increasing returns, transportation costs, and the movement of productive factors can be applied to a wide range of issues in urban, regional, and international economics. This book is the first to provide a sound and unified explanation of the existence of large economic agglomerations at various spatial scales.
Complements theoretical analysis with detailed discussions of the empirics of the economics of agglomeration, offering a mix of theoretical and empirical research that gives a fresh perspective on spatial disparities. This book provides an introduction to economic geography and includes history and background of the field of spatial economics.
The spread of the manufacturing industry is an important part of economic development, creating jobs, new products and trade and investment links between countries. Understanding this process is an important part of understanding how countries develop and how they are affected by current globalization. The economic geography of the world has been changing significantly in the last few decades with old established industrial centres in the developed countries in decline, and new centres emerging in countries that were once thought of as poor and still developing. However, this process has been very uneven with some parts of the developing world still largely non-industrial. This book aims to explain this process from the perspective of developing countries. It charts current trends in industrial development drawing on available statistics and explores different perspectives on the role the manufacturing industry can play. The book covers topics including: aspects of trade policy as they affect industry the international rules of the World Trade Organisation the network of links between firms in different parts of the world economy. Separate chapters examine: the special role of small firms and of technology in industrialisation government policy towards the encouragement of industry, drawing particularly on the experience of economies in East Asia (the original Asian Tigers) recent developments in China and India and their implications for other countries. The book draws on simple concepts of economic theory but avoids a technical mathematical approach and should be accessible to a wide audience. It extends and updates the author’s earlier work on industrialisation published by Routledge (Industry in Developing Countries, 1990 and Industrialisation and Globalisation, 2002) and aims to present a comprehensive overview of these important contemporary issues. The book is suitable for both undergraduate and graduate level courses, but will also be invaluable to professionals working in development.
A crucial question in contemporary economics concerns where economic activities will locate and relocate themselves in the future. This comprehensive, innovative book applies an evolutionary framework to spatial economics, arguing against the prevailing neoclassical equilibrium model, providing important concrete and theoretical insights, and illuminating areas of future enquiry.
Webber tackles a fundamental topic, the strategy and pattern behind the location of industrial production. He uses examples from the aircraft parts industry, the industrial decline in the UK, and the location pattern of manufacturing within cities. They suggest that as transport costs have fallen, the main location factors have become labour and agglomeration, themselves dependent upon general economic, political, and social systems.