The New Industrial Data Economy

Transportation, Industrial Location and the New Economy: How will the knowledge economy affect industrial location and the demand for transportation?

There are important connections between transportation and industrial location. Falling transportation costs increase the feasible scale of production and promote trade, centralization. But as cheap transportation makes many physical inputs effectively ubiquitous, other factors, particularly the availability of specially skilled workers, proportionately more important. Increasing returns and th...

The New Economy- Knowledge Based Economy

The aim of this paper is to emphasize the importance of knowledge based economy, in this time characterized by fast changes and sometimes radical changes, it is impossible to resist without adapting, both people and the organizations too. The matter of the paper develops knowledge based economy concept: elements, definitions of the knowledge based economy, stages and the main knowledge codifica...

The New Economy

The New Political Economy

It is a great honour to give this year’s Keynes lecture. I have chosen as my subject the New Political Economy, a body of research and thinking that has ‡ourished in the past …fteen years or so at the interface between economics and politics. At the margin the New Political Economy reverses the split that occurred between the disciplines of economics and political science at the end of the nine...

Measuring the New Economy

HE “new economy” and the favorable economic conditions accompanying it have been the subject of considerable attention in the media, on Wall Street, among economists, at central banks, and in government agencies. Although some seem to take it on faith that there is a permanent change in the economy powering the strong performance of the U.S. economy over the last 5 years, many question this vie...