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An example she gives is a quota on sugar imports in the United States, which generates 2261 jobs at the expense of a general welfare reduction of $1,162 million (Hufbauer and Elliott, 1994). Then the implicit price for a job in the sugar industry is above $500,000, allowing for significant room for Pareto improvement. Political puzzles are ...
The size of the high tech industry, creates positive externalities for each firm located in Silicon Valley. Urbanization economies arise when the size of the city leads to an increase in productivity. Los Angeles exemplifies urbanization economies in that it has no single dominant industry, yet continues to grow. Firms which locate in Los ...
Diseconomies of agglomeration are the opposite. For example, spatially concentrated growth in automobile-oriented fields may create problems of crowding and traffic congestion. The tension between economies and diseconomies allows cities to grow but keeps them from becoming too large.
Distributed manufacturing, also known as distributed production, cloud producing, distributed digital manufacturing, and local manufacturing, is a form of decentralized manufacturing practiced by enterprises using a network of geographically dispersed manufacturing facilities that are coordinated using information technology.
Cluster theory is a theory of strategy.. Alfred Marshall, in his book Principles of Economics, published in 1890, first characterized clusters as a "concentration of specialized industries in particular localities" that he termed industrial districts.
Overcoming challenges to saving. The Principal study found that 78% of nonsavers still intend to save for retirement in the future. However, they cite high expenses, low income, and debt repayment ...
A business cluster is a geographic concentration of interconnected businesses, suppliers, and associated institutions in a particular field. Clusters are considered to increase the productivity with which companies can compete, nationally and globally. Accounting is a part of the business cluster.
HBO's Industry is back for season 3, and adds Kit Harington to the cast. Here's how you can see when every episode releases and at what time. ‘Industry’ Is Back and Better Than Ever