Category Archives: disaggregating the economy

Are locational wage differentials also productivity differentials?

I think that an argument about this arose in the comments on this post. Let me provide a framework for discussion. Suppose that we observe that zip code X has higher average wages for waiters than zip code Y. Can … Continue reading

Posted in books and book reviews, disaggregating the economy, Economic education and methods, labor market | 22 Comments

Disaggregating the economy: California

Carson Bruno wrote, between 2009 and 2014, the Silicon Valley metro areas – a region that accounts for just 1/5th of the state’s population – accounted for 50% of California’s private industry real GDP growth. Steve Baldwin adds, a far … Continue reading

Posted in disaggregating the economy, PSST and Macro | 27 Comments

Disaggregating the economy: clusters ten years later

A dozen years after coming out with The Clustering of America, Michael Weiss published The Clustered World, in 2000. This incorporated census data from 1990, which moved the analysis 10 years forward, but still leaves it well out of date … Continue reading

Posted in books and book reviews, disaggregating the economy, Four Forces Watch | 10 Comments

Disaggregating the economy: levels of digital skills

Mark Muro writes, the wage premium for digital skills (highlighted above) has nearly doubled since 2002. That means that the mean pay of workers in higher-level digital occupations (about $73,000) now more than doubles the $30,000 wage of low-digital workers. … Continue reading

Posted in disaggregating the economy, labor market | 3 Comments

Revive this research

I just finished re-reading The Clustering of America, by Michael J. Weiss. It is a narrative description of forty different socioeconomic clusters, derived primarily from census data, mixed with some market information. It was published in 1988. 1. Somebody should … Continue reading

Posted in books and book reviews, disaggregating the economy | 2 Comments

Disaggregating the economy/New Commanding Heights watch

A chart from Jeff Desjardins shows the largest employer in each state. The results: Wal-mart is the largest in 22 states. A health care network is the largest in 12 states. A university system is the largest in 11 states. … Continue reading

Posted in disaggregating the economy, Four Forces Watch | 6 Comments

Disaggregating the polity: frontier culture

[UPDATE: clarifying definitions. In the paper below, the frontier is by definition very sparsely settled. Also, “Greater Appalachia” as Woodard uses the term describes the Scots-Irish who gradually spread westward, not simply people born in what we now call Appalachia] … Continue reading

Posted in disaggregating the economy, Tyler Cowen is my Favorite Blogger | 3 Comments

Disaggregating the economy using big data

When do you suppose that the following sentences were written: Should we worry about a computerized creation that plays to our unconscious? How vulnerable are we to these increasingly refined sales pitches? They come from Michael J. Weiss, on p.25 … Continue reading

Posted in books and book reviews, disaggregating the economy | 1 Comment

Disaggregating the economy: product scanner data

David Argente, Munseob Lee, and Sara Moreira write, In this paper, we exploit detailed product- and firm-level data to study the sources of innovation and the patterns of productivity growth in the consumer goods sector over the period 2006Q3–2014Q2. Using … Continue reading

Posted in disaggregating the economy, PSST and Macro | 7 Comments

Disaggregating the Polity: Colin Woodard

He wrote a book called American Nations, which I just read for the first time. He offers a model of America as having a culture that can be thought of as eleven different nations, each dominant in particular geographic regions. … Continue reading

Posted in disaggregating the economy | Tagged | 15 Comments