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Inter-industry linkage: Urbanization: Localization: Agglomeration Economies: Technological Spillovers: Externalities:
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FT. PITT Absolute advantage: Alleghany R Monongahela R Ohio R Comparative advantage:
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Diffusion of Innovation… Recorded Music Example
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Diffusion of Innovation… Steel Industry Example
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…Pittsburgh 1800-1960 Circular and Cumulative Causation:
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Urban Hierarchy:
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…Pittsburgh after 1960 The Spiral of Deindustrialization: Loss of Comparative Advantage:
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Industry Sectors Primary: Secondary: Tertiary: Quaternary:
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Economic Transitions…
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Economic Transitions… Demographic Transitions
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