In our recent co-authored book, Michael Storper, Tom Kemeny, Taner Osman and I investigate the income divergence of two advanced metropolitan regions, the Bay Area and Southern California, since 1970. Over this challenging period of transition towards the New Economy, the Bay Area fared much better than its Southern neighbour.
Our research finds that initial factor endowments cannot explain this divergence. The answer lies in how actors across public, private an civic spheres perceive and interact in response to their regional challenges and opportunities.
Read more about our research and findings in our Blog post on our publisher's website.
An excerpt is available on GreenBiz.
The book is available for purchase in major bookshops, on Amazon and from our Publisher, Stanford University Press.