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Record W2009133435 · doi:10.1068/a34146

Risk, Activity Modularization, Sourcing, and Economic Geography

2002· article· en· W2009133435 on OpenAlexaff
Robert B. Penfold

Bibliographic record

VenueEnvironment and Planning A Economy and Space · 2002
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicRegional Economics and Spatial Analysis
Canadian institutionsUniversity of Toronto
Fundersnot available
KeywordsEconomies of agglomerationTransaction costEconomic geographyProduction (economics)PortfolioControl (management)BusinessEconomicsIndustrial organizationMicroeconomicsFinance

Abstract

fetched live from OpenAlex

Economic geography is fundamentally concerned with describing spatial variation in the economic landscape and explaining the processes through which this geography takes form. Firms are the primary units through which these processes operate. I reinterpret portfolio theory to provide a novel way of explaining and modeling the spatial implications of control structures and organizational decisions within and between firms. In this paper, I argue that each activity of the firm is like an asset with an expected rate of return and a level of risk. Firms implement spatial strategies to manage risk that trade profits for reductions in risk. These strategies encourage geographic switching and perpetuate regional disequilibria in production technology and employment. Risk management and the structure of control in a production chain explain the geographic distribution of economic activity better than do transaction costs, flexible specialization, or agglomeration economies.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.489
Threshold uncertainty score0.902

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.013
GPT teacher head0.163
Teacher spread0.150 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations2
Published2002
Admission routes1
Has abstractyes

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