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Why do industries coagglomerate? How Marshallian externalities differ by industry and have evolved over time

Abstract:

The fact that firms benefit from close proximity to other firms with which they can exchange inputs, skilled labor or know-how helps explain why many industrial clusters are so successful. Studying the evolution of coagglomeration patterns, we show that the type of agglomeration that benefits firms has drastically changed over the course of a century and differs markedly across industries. Whereas, at the beginning of the twentieth century, industries tended to colocate with their value chain...

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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1016/j.jue.2018.05.002

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Department:
MATHEMATICAL INSTITUTE
Role:
Author
More from this funder
Name:
NWO
Funding agency for:
Diodato, D
Grant:
45211013
More from this funder
Name:
Mastercard
Funding agency for:
Neffke, F
Publisher:
Elsevier
Journal:
Journal of Urban Economics More from this journal
Volume:
106
Pages:
1-26
Publication date:
2018-05-29
Acceptance date:
2018-05-24
DOI:
ISSN:
0094-1190
Language:
English
Keywords:
Pubs id:
pubs:854154
UUID:
uuid:c7b42e94-f7e8-461e-9460-a619ada86576
Local pid:
pubs:854154
Source identifiers:
854154
Deposit date:
2018-05-29

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