Schumpeterian dynamics and metropolitan-scale productivity
著者
書誌事項
Schumpeterian dynamics and metropolitan-scale productivity
(Bruton Center for Development Studies)
Ashgate, c2003
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注記
Includes bibliographical references (p. [127]-134) and index
内容説明・目次
内容説明
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.
目次
- Metro-scale productivity - theories and evidence: city size theory and empirical evidence of urban productivity
- dynamic capitalism - theories and evidence. Research design, data and model development: dynamic process and longitudinal design
- conceptual framework
- data sources, unit of analysis and sample selection
- model development
- variables and their measurements
- data and conceptual issues. Empirical results and interpretation: analysis of zero-order correlations
- dynamic processes in metro-scale productivity growth
- robustness tests of dynamic process in growing and declining regions
- robustness tests of dynamic process across US Census regions
- locating the emergence of key effects in time
- supplemental robustness tests - non-linear specification. Summary and policy implications. Appendices: MSAs and PMSAs analysed (187)
- information technology industries
- two-digit SIC manufacturing industries
- two-digit SIC services industries
- two-digit SIC industries (73) in metropolitan economy.
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