Inter-industry linkage: Urbanization: Localization: Agglomeration Economies: Technological Spillovers: Externalities:

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Presentation transcript:

Inter-industry linkage: Urbanization: Localization: Agglomeration Economies: Technological Spillovers: Externalities:

FT. PITT Absolute advantage: Alleghany R Monongahela R Ohio R Comparative advantage:

Diffusion of Innovation… Recorded Music Example

Diffusion of Innovation… Steel Industry Example

…Pittsburgh Circular and Cumulative Causation:

Urban Hierarchy:

…Pittsburgh after 1960 The Spiral of Deindustrialization: Loss of Comparative Advantage:

Industry Sectors Primary: Secondary: Tertiary: Quaternary:

Economic Transitions…

Economic Transitions… Demographic Transitions

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