{"title":"Multi-system dynamics in regional path upgrading: The intra- and inter-path dynamics of green industrial transitions in the Solent marine and maritime pathway","authors":"Jack L. Harris , Peter Sunley","doi":"10.1016/j.peg.2023.100005","DOIUrl":"https://doi.org/10.1016/j.peg.2023.100005","url":null,"abstract":"<div><p><span>Industries<span> and regions are facing socio-technical landscape pressures to enter green transitions. Coastal industrial regions, often with traditional heavy industries in marine and maritime activities, are under both significant pressures from international organizations and governments to decarbonise, but also find themselves with sizeable opportunities to use green transitions to revitalize and upgrade what are typically declining traditional manufacturing regions. Using 30 semi-structured interviews, we explore the challenges facing green path upgrading in the Solent region of South-East UK. By synthesizing the emerging economic geography literature on inter-path dynamics with the multi-system dynamics approach from the multi-level perspective literature, we find evidence of eight green niches emerging, yet the five main marine and maritime socio-technical systems in the region have struggled to develop and integrate these green technology niches. Consequently, path upgrading has been stifled. We find that the competitive </span></span><em>intra-path dynamics</em> between socio-technical systems and emerging technology niches within the Solent marine and maritime pathway, and competitive <em>inter-path dynamics</em><span> with other industrial pathways beyond the Solent have inhibited the co-ordination and coupling necessary for resource mobilization and green path upgrading. This approach enables us to broaden existing economic geography perspectives of multi-path dynamics, conceptualizing how inter- and intra-path development may work in economic geography, which has thus far mainly focused on single path dynamics and successful path creation.</span></p></div>","PeriodicalId":101047,"journal":{"name":"Progress in Economic Geography","volume":"1 2","pages":"Article 100005"},"PeriodicalIF":0.0,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139050506","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Financial centres and information hierarchies: Insights from the geographies of sell-side equity research","authors":"William Bratton , Dariusz Wójcik","doi":"10.1016/j.peg.2023.100003","DOIUrl":"10.1016/j.peg.2023.100003","url":null,"abstract":"<div><p>The accessibility and availability of information play an important role in defining the spatial distribution of financial activities and the relative competitiveness and specialisation of different financial centres. But investigations into the geographies of financial information are frequently constrained by the lack of consistent data at a global scale, especially on the distribution and reach of information-intensive financial professionals. This paper addresses this methodological gap by offering insights into the geographies of sell-side equity research, a subset of highly specialised information intermediaries within the financial ecosystem. It identifies and maps the global distribution of 11,307 analysts, the geographic scope of their activities, and the industry structure of their information collection. In aggregate, this gives insights into the size, reach and role of different centres in information hierarchies and networks. Our findings confirm that information resources remain highly concentrated and that most research coverage is in-country rather than cross-border, highlighting the continued frictions to information flows created by national borders. Domestic activities – analysts at domestic brokers covering domestic corporates – is the single largest category of information collection across most financial centres, regardless of size. Import activities are the second most frequent type of information collection highlighting the need of firms to access remote information networks. London is relatively unique at the global level given its platform role as Europe’s information nexus, a role shared by Singapore in Southeast Asia and by Dubai in the Middle East.</p></div>","PeriodicalId":101047,"journal":{"name":"Progress in Economic Geography","volume":"1 1","pages":"Article 100003"},"PeriodicalIF":0.0,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2949694223000020/pdfft?md5=16f46e2eb2eea72ee6bdce7c4fd470be&pid=1-s2.0-S2949694223000020-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136058959","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Progress in economic geography? Decarbonising Global Production Networks (GPNs)","authors":"Neil M. Coe , Chris Gibson","doi":"10.1016/j.peg.2023.100002","DOIUrl":"https://doi.org/10.1016/j.peg.2023.100002","url":null,"abstract":"<div><p>In this short paper we consider the potential for global production network (GPN) thinking to elucidate the fundamental challenge of decarbonising the global economy. We make two points in this regard. First, we posit that GPN thinking offers the potential for analytical precision in terms of delineating individual GPNs and the ways in which they intersect and aggregate, an important step in developing meaningful analyses of decarbonisation efforts. Second, we explore the heterogeneous materiality of production and consider its implications for the calculability of decarbonisation. We argue that GPN analysis must refine its existing tools and develop new ones to play an important role in analyzing the necessary decarbonisation of the global economy, in turn enhancing economic geography's relevance in the context of the ongoing climate crisis.</p></div>","PeriodicalId":101047,"journal":{"name":"Progress in Economic Geography","volume":"1 1","pages":"Article 100002"},"PeriodicalIF":0.0,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49721040","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}