Heterogeneous Agglomeration
Faggio, G., Silva, O. and Strange, W.C. 2017. Heterogeneous Agglomeration. Review of Economics and Statistics. 99 (1), pp. 80-94. https://doi.org/10.1162/REST_a_00604
| Title | Heterogeneous Agglomeration |
|---|---|
| Type | Journal article |
| Authors | Faggio, G., Silva, O. and Strange, W.C. |
| Abstract | Many prior treatments of agglomeration explicitly or implicitly assume that all industries agglomerate for the same reasons. This paper uses UK establishment-level coagglomeration data to document substantial heterogeneity across industries in the microfoundations of agglomeration economies. It finds robust evidence of organizational and adaptive agglomeration forces as discussed by Chinitz (1961), Vernon (1960), and Jacobs (1969). These forces interact with the traditional Marshallian (1890) factors of input sharing, labor pooling, and knowledge spillovers, establishing a previously unrecognized complementarity between the approaches of Marshall and Jacobs, as well as others, to the analysis of agglomeration. |
| Journal | Review of Economics and Statistics |
| Journal citation | 99 (1), pp. 80-94 |
| ISSN | 0034-6535 |
| Year | 2017 |
| Publisher | MIT Press |
| Accepted author manuscript | |
| Digital Object Identifier (DOI) | https://doi.org/10.1162/REST_a_00604 |
| Web address (URL) | http://www.mitpressjournals.org/loi/rest |
| Publication dates | |
| Published online | 23 Mar 2016 |
| Published in print | Mar 2017 |
| Published | 23 Mar 2016 |