Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Urban Studies and Planning
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 …