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Full-Text Articles in Regional Economics
Social Agglomeration Forces And The City, Peter A. Luff
Social Agglomeration Forces And The City, Peter A. Luff
Library Map Prize
The presence of “agglomeration forces” in production markets is widely accepted and has been recently quantified in the economics literature. Social scientists have done little theoretical work, however, and even less quantitative work, on how the logic of agglomeration might also apply to social groups and the gains that people derive from their social interactions. This paper attempts to bridge this gap by modeling and measuring the benefits in terms of social prestige that arose from the spatial concentration of socialites in Manhattan in the 1920s. I formulate a model of location-based social status determination that illustrates why these benefits …
Localization Economies And Firm Productivity: Evidence From Football Teams In Sao Paulo, Brazil, Brad Humphreys, Amir B. Neto
Localization Economies And Firm Productivity: Evidence From Football Teams In Sao Paulo, Brazil, Brad Humphreys, Amir B. Neto
Economics Faculty Working Papers Series
Agglomeration economies affect urban economic outcomes. We analyze variation in sports team productivity and localization of teams across divisions and cities in Campeonato Paulista an annual football competition in São Paulo state, Brazil, exploiting plausibly exogenous variation in localization generated by a promotion and relegation system in this league. Results show that both urbanization, proxied by population, and localization affects short and long run team productivity. These results provide new evidence on the importance of localization economies in the urban economy in developing countries and shed light on why sports teams in larger cities enjoy more success than those in …
Does Agglomeration Account For Process Innovation In Vietnamese Small And Medium Enterprises?, Van Anh Le
Does Agglomeration Account For Process Innovation In Vietnamese Small And Medium Enterprises?, Van Anh Le
Economics Honors Projects
Although small and medium enterprises (SMEs) play a crucial role in the Vietnamese economy, this sector’s growth is hindered by low level of technology and innovation. This paper uses firm-level panel data to examine whether process innovation activities in SMEs are influenced by their industrial environments. It measures the effects that agglomeration, the geographic concentration of firms within the same locality, has on firms’ total outputs and their propensity to introduce new technology. Using a logistic model with firm fixed-effects, I find that agglomeration decreases outputs of informal firms and the likelihood of new technology introduction in all firms. However, …
Theoretical Perspectives On Industry Clusters, Gashawbeza W. Bekele, Randall Jackson
Theoretical Perspectives On Industry Clusters, Gashawbeza W. Bekele, Randall Jackson
Regional Research Institute Working Papers
The concept of industry clustering has generated much discussion in regional economic development theory and practice in recent years. Yet it is fair to say that an accepted definition or a unified theoretical framework has failed to emerge from the discussion, as the concept often seems to enliven itself under divergent theoretical approaches, including but not limited to work on agglomeration economies, industrial districts, business networks, knowledge spillovers, and regional innovation systems. This paper provides a review of the major theoretical propositions that seek to explain the clustering of economic activity and its presumed link with regional economic development. While …