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Employment Dynamics, Spatial Restructuring, and the Business Cycle
Author(s) -
Waddell Paul,
Shukla Vibhooti
Publication year - 1993
Publication title -
geographical analysis
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.773
H-Index - 65
eISSN - 1538-4632
pISSN - 0016-7363
DOI - 10.1111/j.1538-4632.1993.tb00278.x
Subject(s) - restructuring , business cycle , urban agglomeration , economic geography , dynamics (music) , closure (psychology) , dispersion (optics) , business , industrial organization , economics , market economy , finance , macroeconomics , sociology , physics , optics , pedagogy
The multinodal metropolis is an evolving system, affected by both long‐term restructuring and by business cycle dynamics. This study of the Dallas‐Fort Worth Metroplex points, first, to the multiplicity and wide dispersion of employment centers within the region and, second, to the importance of vintage. During business cycle upswings new centers in new and more dispersed locations receive the preponderant share of new growth. During business cycle downswings, old activities are pruned most heavily from old locations. The result is an increasingly complex array of specialized agglomerations.