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Returns to Communication in Specialised and Diversified US Cities

In: Applied Regional Growth and Innovation Models

Author

Listed:
  • Suzanne Kok

    (University of Groningen and CPB Netherlands Bureau for Economic Policy Analysis)

Abstract

A key factor in today’s urban wealth is the means by which cities reduce costs of communication. Rapid progress in transport, information and communication technologies lowered the costs of production at distance. Still, in 2009 metropolitan areas were responsible for 85 % of US employment, income and production. The significance of personal communication for innovation is a fundamental aspect of the current economic success of cities. The economic structure of cities varies; diversified cities focusing on producing ideas and specialised cities focusing on producing products successfully coexist in the US. Is communication equally important and valued within both city types?

Suggested Citation

  • Suzanne Kok, 2014. "Returns to Communication in Specialised and Diversified US Cities," Advances in Spatial Science, in: Karima Kourtit & Peter Nijkamp & Robert Stimson (ed.), Applied Regional Growth and Innovation Models, edition 127, chapter 0, pages 241-280, Springer.
    • Handle: RePEc:spr:adspcp:978-3-642-37819-5_11
    DOI: 10.1007/978-3-642-37819-5_11
    as

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