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Geographical Dynamics: A Sectoral Comparison Between the Economic Landscapes of the United States and Europe

Author

Listed:
  • Joaquin Andaluz
  • Luis Fernando Lanaspa
  • Fernando Sanz

Abstract

There is a certain degree of consensus that economic activity is more concentrated in the US than in Europe. In this paper we aim to test the empirical validity of such a proposition, identifying the sectors for which this assertion is more appropriate and determining their predictable future evolution. There are three main results. First, that the US economic area is not clearly more concentrated than that of Europe; second, that the economic landscape of the European regions is changing more rapidly than that of the US states; third, that the future evolution of both economic areas will lead to an increase in the European concentrating forces and a decrease in those of the US. Jusqu'aun certain point on est d'accord sur l'affirmation que l'activite economique est plus concentree aux Etats-Unis qu'elle ne l'est en Europe. Cet article cherche a mettre a l'epreuve la validite empirique d'une telle assertion, en identifiant les secteurs pour lesquels cette assertion s'avere appropriee et en determinant leur developpement futur previsible. Il en resulte trois constats principaux. Primo, la zone economique americaine ne s'avere pas nettement plus concentree que celle de l'Europe; secundo, le paysage economique des regions europeennes se developpe plus rapidement que ne le fait celui aux Etats-Unis; tertio, le developpement futur des deux zones economiques entrainera une croissance des forces ala concentration en Europe et une decroissance de celles aux Etats-Unis. Es besteht in gewisser Weise Ubereinstimmung in der Ansicht, dass wirtschaftliche Aktivitat in den Vereinigten Staaten konzentrierter auftritt als in Europa. In diesem Aufsatz wird versucht, die emipirische Gultigkeit dieser These zu prufen, indem die Sektoren, fur die diese Behauptung zutreffender ist, herausgestellt, und ihre voraussichtliche zukunftige Entwicklung bestimmt wird. Dies fuhrt zu drei Hauptergebnissen. Erstens, dass das amerikanische Wirtschaftsgebiet nicht deutlich starker konzentriert ist als das europaische; zweitens, dass die wirtschaftliche Landschaft der europaischen Regionen sich schneller verandert als die der Staaten der USA; und drittens, dass die zukunftige Entwicklung beider Wirtschaftsgebiete zur Zunahme der europaischen Krafte der Konzentration und Abnahme derjenigen in den USA fuhren wird.

Suggested Citation

  • Joaquin Andaluz & Luis Fernando Lanaspa & Fernando Sanz, 2002. "Geographical Dynamics: A Sectoral Comparison Between the Economic Landscapes of the United States and Europe," Regional Studies, Taylor & Francis Journals, vol. 36(4), pages 321-332.
  • Handle: RePEc:taf:regstd:v:36:y:2002:i:4:p:321-332
    DOI: 10.1080/00343400220131106
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    References listed on IDEAS

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    1. Quah, Danny T., 1996. "Regional convergence clusters across Europe," European Economic Review, Elsevier, vol. 40(3-5), pages 951-958, April.
    2. Paul Krugman & Anthony J. Venables, 1995. "Globalization and the Inequality of Nations," The Quarterly Journal of Economics, Oxford University Press, vol. 110(4), pages 857-880.
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    9. Venables, Anthony J, 1995. "Economic Integration and the Location of Firms," American Economic Review, American Economic Association, vol. 85(2), pages 296-300, May.
    10. Quah, Danny, 1996. "Regional Convergence Clusters Across Europe," CEPR Discussion Papers 1286, C.E.P.R. Discussion Papers.
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    1. Lehtonen Olli & Tykkyläinen Markku & Voutilainen Olli, 2012. "Root causes of rural decline in economic well-being in Finland," European Countryside, De Gruyter Open, vol. 4(3), pages 217-239, January.

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