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Full-Text Articles in Regional Economics
Agglomeration Economies: How “Y’Allywood” Became The New Hollywood, Joseph Dugan Walker
Agglomeration Economies: How “Y’Allywood” Became The New Hollywood, Joseph Dugan Walker
Honors Theses
Agglomeration economies have gained special attention in recent decades. With the increasing connectivity of our world, specialized regional economies are stronger now than ever before. A specific agglomeration economy that has developed in recent years is the Georgia Film Industry. This region surpassed Hollywood as the premier filming location for the first time since the early 1900s when New York was number one. This thesis analyzes the reasons why Georgia was so successful in attracting the film industry and encouraging its development by comparing infrastructure, film tax incentives, population, and labor development to that of competing states like New York, …
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 …