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List of Figures=ⅵ

List of Tables=ⅷ

List of Appendices=ⅸ

Acknowledgements=ⅹ

1. Introduction=1

2. Metro-Scale Productivity:Theories and Evidence=4

City Size Theory and Empirical Evidence of Urban Productivity=4

Dynamic Capitalism:Theories and Evidence=10

3. Research Design, Data and Model Development=29

Dynamic Process and Longitudinal Design=29

Conceptual Framework=30

Data Sources, Unit of Analysis and Sample Selection=32

Model Development=32

Variables and Their Measurements=36

Data and Conceptual Issues=43

4. Empirical Results and Interpretation=51

Analysis of Zero-Order Correlations=51

Dynamic Processes in Metro-Scale Productivity Growth=53

Robustness Tests of Dynamic Process in Growing and Declining Regions=64

Robustness Tests of Dynamic Process across U.S. Census Regions=73

Locating the Emergence of Key Effects in Time=95

Supplemental Robustness Tests-Non-Linear Specification=98

5. Summary and Policy Implications=101

Appendices=113

Bibliography=127

Index=135

Figure 2.1. Urban Cost and Product Curves with City Size=6

Figure 3.1. Conceptual Framework=31

Figure 3.2. Sample Distributions(MSA and PMSA)by U.S. Census Regions=33

Figure 3.3. Average Labor Productivity Growth:187 Metro-Regions=37

Figure 3.4. Average Job Reallocation Rates:187 Metro-Regions=39

Figure 4.1. Job Reallocation and its Components:Average of 187 Metro-Regions=55

Figure 4.2. Correlations between Job Reallocation and Job Creation and Destruction=56

Figure 4.3. Sectoral Shares of GDP:1986 to 1999=58

Figure 4.4. Comparison of Coefficients of Metro-Regions Dummies with Dallas PMSA-FGLS Estimation=63

Figure 4.5. Job Reallocation and its Components in Growing and Declining Regions=66

Figure 4.6. Growing Regions:Correlations between Job Reallocation and Job Creation Destruction=67

Figure 4.7. Declining Regions:Correlations between Job Reallocation and Job Creation Destruction=68

Figure 4.8. Job Creation across U.S. Census Regions=75

Figure 4.9. Job Destruction across U.S. Census Regions=76

Figure 4.10. Job Reallocation across U.S. Census Regions=77

Figure 4.11. IT Sector Shares of GDP for U.S. Census Regions=79

Figure 4.12. Manufacturing Sector Shares of GDP for U.S. Census Regions=80

Figure 4.13. Service Sector Shares of GDP for U.S. Census Regions=81

Figure 4.14. IT Sector Shares of GDP Before and After the 1990s Recession=82

Figure 4.15. Manufacturing Sector Shares of GDP Before and After the 1990s Recession=83

Figure 4.16. Service Sector Shares of GDP Before and After the 1990s Recession=84

Figure 4.17. Public Sector Shares of GDP for U.S. Census Regions=85

Figure 4.18. Northeast:Correlations between Job Reallocation and Job Creation and Destruction=91

Figure 4.19. Midwest:Correlations between Job Reallocation and Job Creation and Destruction=92

Figure 4.20. South:Correlations between Job Reallocation and Job Creation and Destruction=93

Figure 4.21. West:Correlations between Job Reallocation and Job Creation and Destruction=94

Figure 4.22. Job Reallocation Elasticties for U.S. Census Regions=98

Table 2.1. International Comparison of Job Reallocation Rates:Averages as Percentages of Employment=17

Table 2.2. Average Annual Job Reallocation Rates by Country and Industry=19

Table 2.3. Fraction of Excess Job Reallocation accounted by within and between Industries:Percentages of Excess Job Reallocation=20

Table 2.4. Summary of the Literature on Reallocation and Productivity Growth=25

Table 3.1. Determinants of Metro-Scale Productivity=42

Table 3.2. Results from Panel Unit Root Test=44

Table 3.3. Tests for Causality=47

Table 4.1. Zero-Order Correlations=52

Table 4.2. Comparison Estimation Results for Productivity Growth Model=62

Table 4.3. Job Reallocation and its Components in Growing and Declining Regions:Summary Statistics=65

Table 4.4. Sectoral Shares of Growing (G) and Declining (D) Regions:Summary Statistics and Mean Difference Tests=70

Table 4.5. Estimation Results for Growing and Declining Metro Regions=72

Table 4.6. Job Reallocation and its Components across U.S. Census Regions:Summary Statistics=74

Table 4.7. Estimation Results for U.S. Census Regions=88

Table 4.8. Job Creation and Destruction Effects on Productivity Growth=90

Table 4.9. Recursive Regression Estimates for Labor Productivity Growth Equation=97

Table 4.10. Results of Non-Linear Specification Estimation=100

Appendix A. MSAs and PMSAs Analyzed(187)=114

Appendix B. Information Technology Industries=120

Appendix C. Two-Digit SIC Manufacturing Industries=121

Appendix D. Two-Digit SIC Manufacturing Industries=122

Appendix E. Two-Digit SIC Industries(73) in Metropolitan Economy=124

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Lee (National Computerization Agency, Korea) explores the underlying labor market dynamics of net employment levels and links them to indicators of economic performance at different spatial scales. He seeks to "probe the industrial dynamics of US metro-scale economies both more deeply and more broadly in an attempt to understand better patterns of overall economic growth and development in the US economy in recent decades." Annotation (c) Book News, Inc., Portland, OR (booknews.com)

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