Reading the technology press, it often seems as if the media think all high-tech invention happens in Silicon Valley. This parochial viewpoint highlights the ‘agglomeration’ advantages that the Valley provides to inventors because so many technology firms are located in the same place.
Did the internet prevent all invention from moving to one place?
Chris Forman, Avi Goldfarb, Shane Greenstein, 23 May 2014
Who benefits from state corporate tax cuts? A local labour markets approach with heterogeneous firms
Owen Zidar, 13 December 2013
State and local governments have been increasing business location incentives and cutting corporate taxes to attract businesses to their jurisdictions. For instance, Jay Inslee, the Gov. of Washington, recently passed a $9 billion corporate tax package for Boeing to retain its manufacturing base near Seattle. It is the largest corporate tax break any state has ever granted a company.
Why high-income places manufacture high-quality products
Jonathan Dingel, 21 December 2013
The well-known Linder hypothesis (1961) posits that profitably exporting a product requires robust demand for that product in the exporter's home market. Since higher-income consumers tend to purchase higher-quality products, Linder conjectured that demand by local consumers causes high-income countries to produce and export high-quality products.
Distance frictions and firm border effects in knowledge creation: Evidence from Japanese patent data
Hiroyasu Inoue, Kentaro Nakajima, Yukiko Umeno Saito, 25 October 2013
Since 2001 the Japanese government has been implementing an industrial cluster policy – a set of measures to promote the formation of industrial clusters – in an attempt to promote innovation through the geographical proximity of businesses and thereby improve the nation’s competitiveness in the global market.
Anaemia, exuberance, and vulnerability: A post–financial crisis new global economic geography
Ernesto Talvi, Ignacio Munyo, 27 October 2011
It would not be an overstatement to assert that the global financial crisis has created a ‘new global economic geography’, a new reality that responds to the remarkable fact that the crisis that has crippled advanced economies has also left winners around the globe.
You can raise productivity through R&D, but geography matters a lot
Sergey Lychagin, John Van Reenen, Margaret E Slade, Joris Pinkse, 25 October 2010
President Obama recently proposed increasing the generosity of the US research and development (R&D) tax credit system and making it a permanent feature of the US tax code. This was justified by the idea that more R&D would lead to growth, not just worldwide but particularly in the US.
But such a bold statement raises some fundamental questions:
Paul Krugman's winning of the Nobel Prize in economics – Contributions to international trade theory
Jota Ishikawa, 31 January 2009
"Kita--!" ("It's here!" or "It's finally come!")
Is the new economic geography passé?
Marius Brülhart, 7 January 2009
Long-run spatial inequality in France: Evolution and determinants
Pierre-Philippe Combes, Miren Lafourcade, Jacques-François Thisse, Jean-Claude Toutain, 5 December 2008
This is a very special year for economic geography.
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
- Debt, deleveraging, and the liquidity trap: A new modelKrugman
Cadot, de Melo, 16 June 2014
CEPR Policy Research
- The buyer margins of firms' exportsCarballo, Ottaviano, Volpe
- Commodity and Equity Markets: Some Stylized Facts from a Copula ApproachDelatte, Lopez
- Ethnic Unemployment Rates and Frictional MarketsGobillon, Rupert, Wasmer
- Finance and Poverty: Evidence from IndiaAyyagari, Beck, Hoseini
- The Manipulation of Basel Risk-WeightsMariathasan, Merrouche
- The economics of Scottish independence in an interdependent worldHughes Hallett
- Making city lights shine brighterYusuf, Leipziger
- The euro in the 'currency war'Bénassy-Quéré, Martin
- The roots of shadow bankingPerotti
- What’s wrong with Europe?Baldini, Manasse
- Corporate Finance Theory Symposium19 - 20 September 2014 / Cambridge / Judge Business School, Cambridge University
- International Trade, Finance, and Macroeconomics: Research Frontiers and Challenges for Policy18 - 19 December 2014 / The Bank of England, London / The Bank of England, Centre for Macroeconomics and CEPR