Schumpeterian Dynamics and Metropolitan-scale Productivity - Bruton Centre for Development Studies S. (Hardback)
  • Schumpeterian Dynamics and Metropolitan-scale Productivity - Bruton Centre for Development Studies S. (Hardback)
zoom

Schumpeterian Dynamics and Metropolitan-scale Productivity - Bruton Centre for Development Studies S. (Hardback)

(author)
£65.00
Hardback Published: 04/06/2003
  • Not available

This product is currently unavailable.

  • This item has been added to your basket
Schumpeter first put forward the premise that the incessant turbulence of an economy in motion, carrying out new combinations of products, production methods with new technologies and the opening of new markets, is capable of explaining patterns of economic growth and change. Focusing on US industrialized urban areas, this volume tests this theory empirically. Localized employment "churn" - registered as job creation/destruction dynamics - is used to account for variations in US metro-regional economic productivity performances during the 1986-1999 period. The results suggest that the employment turnover and replacement dynamics have large and significant positive effects on localized productivity growth independent of a variety of industrial restructuring processes occurring simultaneously. While employment churn effects are robust across US Census regions, they do not exert a uniform influence on metro-regional productivity performances across time. Until 1996, job creation and destruction dynamics often cancelled each other out as metro-regions underwent continued industrial restructuring. Since 1996, however, positive effects on metro-region productivity growth have been consistently strong. In addition to a strong positive effect on productivity of the emergence of a localized IT sector, both an expanding service sector share of regional employment and a rising public spending share of regional output exert powerful downward pressure of localized productivity growth rates.

Publisher: Ashgate Publishing Group
ISBN: 9780754634263
Dimensions: 157 x 224 mm

You may also be interested in...

Pay
Added to basket
Pay
£23.99
Hardback
Images of the Past: The Miners' Strike
Added to basket
Economics Demystified
Added to basket
The Economics of Creativity
Added to basket
The Price of Rights
Added to basket
£20.00
Paperback
The Rise of the Humans
Added to basket
Chinese Whispers
Added to basket
£13.99
Paperback
Nickel and Dimed
Added to basket
Who Needs Jobs?
Added to basket
£20.00
Paperback
Critique of Economic Reason
Added to basket
Contours of the World Economy 1-2030 AD
Added to basket
The Way We are Now
Added to basket
The Worst Jobs In History
Added to basket
The Shift
Added to basket
£8.99
Paperback

Reviews

Please sign in to write a review

Your review has been submitted successfully.