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Headquarters, Office Employment, and the Wave of Urbanization in the New York City Region

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  • Shilton, Leon
  • Webb, James R

Abstract

Hierarchical theory suggests that high-density office activity, such as corporate headquarters, epitomizes the concept of agglomeration. This research tests whether office employment in a metropolitan area agglomerates around suburban nodes of specialized office and corporate headquarters activity or if office employment change shifts in response to the wave of urbanization. The location of the Fortune 500 manufacturing and service headquarters and the ratio profiles of office employment within each county are used in the test. We conclude that headquarters are not located in specialized office employment nodes. Rather, the office employment becomes specialized as the county becomes more urbanized. Copyright 1995 by Kluwer Academic Publishers

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  • Shilton, Leon & Webb, James R, 1995. "Headquarters, Office Employment, and the Wave of Urbanization in the New York City Region," The Journal of Real Estate Finance and Economics, Springer, vol. 10(2), pages 145-159, March.
    • Handle: RePEc:kap:jrefec:v:10:y:1995:i:2:p:145-59
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    Cited by:

    1. Ono, Yukako, 2003. "Outsourcing business services and the role of central administrative offices," Journal of Urban Economics, Elsevier, vol. 53(3), pages 377-395, May.
    2. Emília Malcata-Rebelo & Paulo Pinho, 2010. "Evaluation and Monitoring of Office Markets," Environment and Planning B, , vol. 37(2), pages 305-325, April.

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