Geographic market access and the effects of trade on length of production run, product diversity and plant scale of Canadian manufacturing plants, 1974–1999. + Author Affiliations †Corresponding author: W.
Mark Brown, Economic Analysis Division, Statistics Canada, 18th Floor, Section G, R.H. Coats Building, Ottawa K1A 0T6, Canada. email < mark.brown@statcan.gc.ca > Received July 31, 2007. Accepted December 22, 2010. While much attention has been paid to the effects of trade liberalization at the national scale, relatively little attention has been give to whether these effects vary across regions. JEL classifications © Canadian Crown Copyright (2011). The Geographic Effects of Trade Liberalization with Increasing Returns in Transportation by Kashif Mansori. Geography and Economics of Brazil. Geography and Economic Development. Japan Economy - What Is the Economy in Japan - How Does Japan's Economy Affect the Global Economy. Updated August 28, 2013 Before Japan's 2011 earthquake and nuclear power plant disaster, its economy was emerging from the deepest recession since the 1970s.
It rebounded strongly in 2010, when GDP increased by a strong 3% -- the fastest growth in 20 years. It fell off briefly during the last quarter of 2010, but was expected to pick up again with stronger exports to fast-growing neighbors in Asia. However, Japan lost much of its electricity generation when it shut down nearly all its nuclear power plants after the earthquake. The economy shrank .5% in 2011 as manufacturing slowed due to the crisis. If that weren't bad enough, Japan's economy is still challenged by rising commodity prices -- the country imports most of its food and oil -- and a shrinking labor pool, as its population ages. Japan's recession became official in Q4 2008 when GDP growth plummeted 12.9% from a year earlier, the worst decline since the 1974 recession. Japan's Importance to the Global Economy. Can geography affect your bank account? - The role of culture in economic decisions.
Do Koreans save more than the British?
Are Eastern Europeans more reluctant to invest in stocks? Do Brazilians mistrust financial markets? While modern commerce may be global and pay little attention to national borders, people can retain a kind of economic heritage based on culture that influences their views in provincial ways. Kellogg School Associate Professor of Finance Paola Sapienza in her recent work examines how culture affects economic systems. A Sicilian by birth, Sapienza and her two co-authors, also Italians, pursued the research after one of them admitted being uncomfortable sending a check through the mail despite having lived in the U.S. for nearly 15 years.
Old habits die hard apparently. “You would never send a check by mail in Italy,” says Sapienza, “because the mailman would steal it for sure. “Culture” has long occupied a diminished place in economic research. In her 2006 paper, “Does Culture Affect Economic Outcomes?” Geography and Everyday Life. Many geographers today teach and research about concepts that are relevant to everyday life.
This geographic knowledge enables us to understand the things we do on a daily or other episodic basis, and how everyday actions (like traveling to work) affect the world around us (e.g. auto pollution contributing to global warming). This emphasis puts everyday activities in a larger context - notably a spatial one - and by so doing aims to increase our awareness of our personal lives and activities and their socio-spatial contexts at scales ranging from neighborhood to global.
We often assume there is no need to learn this type of geography because we already "know" it! "Much geography is just common sense" say our naïve practitioners - as they blithely conduct behaviors that prove beyond doubt that their naïve geographic knowledge is false or dreadfully incomplete (listen to "Jeopardy" or "Who Wants to be a Millionaire" as obvious proof).
Things that you do that are geographic: