Schumpeterian Dynamics and Metropolitan-Scale Productivity

Schumpeterian Dynamics and Metropolitan-Scale Productivity
Author :
Publisher : Routledge
Total Pages : 152
Release :
ISBN-10 : 9781351760867
ISBN-13 : 1351760866
Rating : 4/5 (67 Downloads)

Book Synopsis Schumpeterian Dynamics and Metropolitan-Scale Productivity by : Yeonwoo Lee

Download or read book Schumpeterian Dynamics and Metropolitan-Scale Productivity written by Yeonwoo Lee and published by Routledge. This book was released on 2018-05-08 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2003. 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.


Schumpeterian Dynamics and Metropolitan-Scale Productivity Related Books

Schumpeterian Dynamics and Metropolitan-Scale Productivity
Language: en
Pages: 152
Authors: Yeonwoo Lee
Categories: Business & Economics
Type: BOOK - Published: 2018-05-08 - Publisher: Routledge

DOWNLOAD EBOOK

This title was first published in 2003. Schumpeter first put forward the premise that the incessant turbulence of an economy in motion, carrying out new combina
Productivity in Tourism
Language: en
Pages: 264
Authors: Peter Keller
Categories: Tourism
Type: BOOK - Published: 2007 - Publisher: Erich Schmidt Verlag GmbH & Co KG

DOWNLOAD EBOOK

Copyright Industries and the Impact of Creative Destruction
Language: en
Pages: 314
Authors: Jiabo Liu
Categories: Business & Economics
Type: BOOK - Published: 2013 - Publisher: Routledge

DOWNLOAD EBOOK

Drawing on Schumpeter's theory of creative destruction, the book explores whether the expansion of the duration of copyright promotes or precludes the growth of
The Evolution of Great World Cities
Language: en
Pages: 257
Authors: Christopher Kennedy
Categories: Business & Economics
Type: BOOK - Published: 2011-01-01 - Publisher: University of Toronto Press

DOWNLOAD EBOOK

Some cities seem destined to become major financial capitals, yet never do--Seville, for instance, was the centre of Spain's opulent New World Empire, but faile
Modern Evolutionary Economics
Language: en
Pages: 285
Authors: Richard R. Nelson
Categories: Business & Economics
Type: BOOK - Published: 2018-05-03 - Publisher: Cambridge University Press

DOWNLOAD EBOOK

Evolutionary economics sees the economy as always in motion with change being driven largely by continuing innovation. This approach to economics, heavily influ