Spatial externalities among businesses, though notoriously difficult to measure, are a central concern in urban and regional economics. Traditionally they–along with closely related concepts such as agglomeration economies–have been studied empirically with hedonic models, production and cost functions, and simplified growth models. More recently, researchers have begun using direct measures of...

As production and economic activities shaped the growth of cities during pre-industrial era, they are still most important factors explaining modern urbanization. Economic restructuring is being reshaped with agglomeration economies, bringing spatial it. Regional growth, emergence new centers foci formed in equilibria positive negative externalities agglomeration. Positive do not arise solely f...

In this paper, we seek to establish ‘sequencing economics’ in an architectural theory on agglomerations that are comprised of various segments, such as infrastructure, institutions and human resources. The sequencing segments is based a causal chain, with the notion ‘economies sequence’ regarded tool which efficiently sequence segment construction, defined by Granger causality relationships. us...

Spillover of knowledge is considered to be an important cause of agglomeration of inventive activity. Many studies argue that knowledge spillovers are localized based on the observation that patents tend to cite nearby patents disproportionately. Specifically, patent citations are typically interpreted as marking the transmission of knowledge from the cited invention to the citing invention. Th...

Purpose This research investigates the effect of accessibility to points tourist interest (buffer) and direct indirect spatial spillover effects agglomeration economies on tourism industry revenues in Spain. Design/methodology/approach Data were collected from Bureau van Dijk's (BvD) Orbis global database. The data analysed using a econometric model Cobb–Douglas production function. Findings st...