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By Riccardo Crescenzi,Marco Percoco

The booklet goals to offer “traditional positive factors” of neighborhood technology (as geographical ideas and institutions), in addition to quite new subject matters reminiscent of innovation and agglomeration economies. particularly it demonstrates that, opposite to what has been argued through fresh economics literature, either geography and associations (or tradition) are proper for neighborhood improvement. in truth, those phenomena, in addition to the circulate of products and staff, are one of the major purposes for persisting improvement differentials. those interesting relationships are on the middle of the research offered during this booklet and shape the conceptual foundation for a promising institutional method of fiscal geography.

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