nep-his New Economics Papers
on Business, Economic and Financial History
Issue of 2011‒12‒05
three papers chosen by
Bernardo Batiz-Lazo
Bangor University

  1. Knowledge transfer inside the regional economic system: the case of eighty years of economic history of the Russian North-East By Alexander Pelyasov; Nataliya Galtseva; Igor Batsaev; Igor Golubenko
  2. Giacomo Becattini and the notion of “Marshallian Industrial Districtâ€. By Joan Trullen
  3. Forecasting the Number of Visitors in a Unique Recreational Site- A Retrospective View By Mira G. Baron; Natalia Zaitsev

  1. By: Alexander Pelyasov; Nataliya Galtseva; Igor Batsaev; Igor Golubenko
    Abstract: Economic role of the knowledge transfer is studied on the example of the Russian North-East and its two basic branches that is exploration and mining which form the core of the regional economy (regional mining system). Russian North-East can be considered as isolated industrial district with the basic gold mining activity. The scale of this activity has been determined regional socio-economic development for the last 80 years. The major information for this study has been taken from GIS on the spatial structure of exploration and mining branches in the Russian North-East on the district level for the last 80 years. On the basis of revealed regularities and specifics in the interregional knowledge transfer we have formed general understanding of this process. We have analyzed major channels of knowledge transfer from exploration as the branch generating new knowledge on the mineral resources to mining in which this knowledge is utilized. We have determined major systems of knowledge transfer from one branch to the other under different periods of regional economic history. We have examined how territorial structures of exploration and mining industries had been changed inside the regional system for the last 80 years. Main characteristics of knowledge transfer inside the regional mining system influence its productivity (volume of extraction, speed of development of the new deposits, etc.). Effective communication between exploration and mining industry, knowledge transfer from the geologists to the miners is critically important for the sustainable work of the regional mining system.
    Date: 2011–09
  2. By: Joan Trullen
    Abstract: Abstract: The notion of “Marshallian Industrial District†proposed by Giacomo Becattini in the first seventies has led a revolution in the local economic analysis around the world. The paper offers a methodological interpretation of the approach adopted by Becattini. The roots are clearly Marshallian. He understands the economy as a complex social science that operates in historical time. But Becattini goes beyond because he proposes a new unity of analysis for the local economic development. The paper identifies similarities and differences between the original concept of “Industrial District†proposed by Marshall and the concept of “Marshallian Industrial District†in the Becattini’s approach. The paper uses the distinction between logical time, real time and historical time. The “Marshallian Industrial District†approach proposes the study of economic process located in specific areas and explained in historical time. Keywords: industrial district, Marshallian industrial district, methodology of economics, Schumpeter’s economic analysis, historical time, economic process. JEL: B31, B41
    Date: 2011–09
  3. By: Mira G. Baron; Natalia Zaitsev
    Abstract: We examine in the research forecasts prepared by us fifteen years ago. We examine the assumptions made as well as the results, comparing the forecasts to reality. We concentrate on the forecasts of number of visitors, which enables to examine economic impact, and is crucial in analyzing ecological carrying capacity. Our case study was a wetland that was drained in the '50s, resulting in severe environmental damages. In the '90s part of the area was re-flooded and a small lake was created. We forecasted the number of visitors, the expected revenues and benefits. The area is currently called Agmon Hula, located in the previous Hula marsh (North of Israel). The commodity planned was a site which offers safari, birds' sanctuary, horse riding, swimming in a pool, picnicking. We asked recreationists in adjacent national parks and nature reserves on their willingness to visit the planned park and their willingness to pay (WTP), using CVM methods. In reality, the site started operation in 2005 as a birds' sanctuary, due to its success in attracting birds. 500 million birds pass the area twice per year migrating to the south in the fall and returning north in the spring. Our forecast for 380 thousand visitors in the first year of operation did not materialize. We could have predicted a smaller number closer to the real number (220 thousand) if we would have considered the percentage that ranked birds' sanctuary as one of their two favorite activities. The prediction assumed an annual increase in the number of visitors of 2-6%, but actually, the increase in the first five years of operation is 8% annually. In the prediction, we disregarded tourists, but they were 7-17% of the visitors. Updating the prediction of number of visitors is easy, and is a crucial aspect in predicting carrying capacity.
    Date: 2011–09

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