Regional Studies

Pollock, Matthew; Mori, Masaki; Wu, Yi

doi: 10.1080/00343404.2024.2325613pmid: N/A

This study is the first to examine herding and reverse herding in US metropolitan housing markets based on Zillow ZIP-level house price indices. Reverse herding is found to be more prevalent than herding, which differs markedly from equity markets and outcomes derived from less granular house price indices. The results suggest that the interaction between price appreciation and overconfidence may drive reverse herding. Also, herding and reverse herding show strong dependency on market conditions. Wide spatial and temporal variation in herding and reverse herding suggests the importance of local characteristics as determinants of the rationality of market responses.

Stojčić, Nebojša; Vizek, Maruška; Glaurdić, Josip

doi: 10.1080/00343404.2024.2346664pmid: N/A

This study investigates the impact of short-term rentals (STRs) on local communities in Croatia, one of the most tourism-dependent countries in the world, from the perspective of destinations of individuals displaced by STRs. In cities with high tourism intensity, STRs give rise to closed migration circuits that restrict the exchange of knowledge and talent between socially and geographically diverse contexts. In less tourism-intensive cities, particularly in declining and ageing communities, STRs displace residents on a larger geographical scale, eroding the social capital of local communities. The results of this investigation have implications for areas grappling with the proliferation of STRs.

Dueñas, Marco; Campi, Mercedes

doi: 10.1080/00343404.2023.2282136pmid: N/A

This study characterises the geography of Colombian exporters and their response to the COVID-19 crisis. We define exporting clusters within departments using bipartite network analysis and community detection tools. The methodology empirically detects product communities – groups of products that are strongly related – which are compared with an alternative taxonomy of industrial clusters, and clusters exporting firms by considering their exports within these taxonomies. We define these groups of specialised firms localised in departments as exporting clusters. We then examine whether belonging to an exporting cluster can enhance firms’ trade margins. We find that clusters do not automatically improve firms’ trade margins and that there are differences in how firms react to a crisis within clusters. Our analysis contributes to regional studies by shedding light on the potential of exporters’ agglomerations to navigate and recover from crises and outlining critical firm characteristics that can strengthen regional resilience.

Henderson, Dylan; Morgan, Kevin; Delbridge, Rick

doi: 10.1080/00343404.2024.2320769pmid: N/A

This article explores the role that foundational economy (FE) actors can play in innovation in peripheral regions. We argue that research which casts peripheral regions as backwaters of innovation may inadvertently underplay the potential for innovation in such places. Drawing on the peripheral innovation literature, and emerging research on the FE, we develop the concept of mundane innovation and explore its potential for peripheral regions. We address this question through a short case-study of Carmarthenshire (Wales) and find that it may offer potential for such regions to become leaders rather than the laggards they appear in the conventional innovation literature.

Østergaard, Christian Richter; Park, Eunkyung; Hain, Daniel S.; Tanner, Anne N.

doi: 10.1080/00343404.2024.2324925pmid: N/A

This paper addresses the gaps in understanding green regional path development and the role of firm-level agency in driving regional green transitions. By analysing a large patent dataset covering 30 years, we provide a systematic account of green regional path development in 70 regions across four Nordic countries. We identify six types of green path development – extension, stagnation, extinction, diversification, renewal and creation – and explore how different types of organisations – incumbents and new entrants – contribute to these paths. We show that regions often have multiple green paths, and the dominant types are mostly driven by incumbents.

Halás, Marián

doi: 10.1080/00343404.2024.2325612pmid: N/A

This paper evaluates the role of ‘temporality’ in defining functional regions. Functional regions are viewed as relatively closed in terms of selected population flows (or more generally concerning spatial interactions). They are usually defined by the daily commuting to work and are therefore commonly referred to as local labour market areas or travel-to-work areas. Using mobile phone location data, however, it is possible to work with population flows in a broader temporal and spatial context. Then we can talk about the temporality alternatives of functional regions depending on whether we base them on regular daily population flows, irregular daily population flows (which, according to the data analysis, are irregular from an individual’s point of view but regular from a spatial unit’s point of view between which they take place) or weekend population flows. Thus, several functional region’s versions can be defined for a single regional system, where the different population movement’s rhythm lengths movements limit their length and also determine their hierarchy. All functional regions’ temporal alternatives according to mobile phone location data are defined based on data from the Czech Republic.

Rodríguez-García, Carlos; Martínez-Senra, Ana I.; Quintás, María; Vázquez, Xosé H.

doi: 10.1080/00343404.2023.2293985pmid: N/A

Business start-up support policies have gained significant attention from policymakers, largely due to their immediate impacts and the positive media coverage they receive. However, the widespread adoption of these policies has often led to a fragmented landscape characterised by limited coordination, especially in countries with multi-tiered governmental structures. As a result, the full potential of public investments is hindered. This study aims to identify and address the key challenges associated with these policies, offering valuable insights drawn from a collaborative initiative within the Galicia–Northern Portugal Euroregion. The findings provide practical and scalable guidance for research institutions, businesses, and policymakers seeking to establish effective partnerships, prioritise objectives and achieve substantial impact in cross-border regions.

Abreu, Maria; Comim, Flavio; Jones, Calvin

doi: 10.1080/00343404.2023.2276332pmid: N/A

We argue for a broader and more deliberative regional policymaking process that can be used to better identify the needs of diverse left-behind communities and develop appropriate policies. We argue that the capability approach’s quintessentially inclusive and broad scope, and focus on real opportunities, agency, and process might better address the challenges of regional development. We use these insights to lay out a practical guide for how the capability approach could be used in policymaking, breaking down the implementation approach into steps, and providing examples from a variety of contexts to show how each step might be achieved in practice.

Derudder, Ben

doi: 10.1080/00343404.2024.2381950pmid: N/A

Miörner, Johan

doi: 10.1080/00343404.2024.2395159pmid: N/A