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The Effect of Local Demand on Industry Location

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Author Info
Justman, Moshe
Abstract

This paper compares the geographic dispersion of employment in manufacturing industries across U.S. metropolitan areas with an imputed measure of local industry demand. The results indicate that local demand has significant long-term and short-term location effects in many industries, including some with negligible transportation costs. Variation in location patterns across industries indicates that demand-side agglomeration economies and technological intensity strengthen the pull of local demand, while supply-side economies of scale and agglomeration effects weaken it. Implications are discussed with regard to international trade, technological change, industrialization and development, urban and regional issues, and industrial organization. Copyright 1994 by MIT Press.

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Article provided by MIT Press in its journal Review of Economics & Statistics.

Volume (Year): 76 (1994)
Issue (Month): 4 (November)
Pages: 742-53
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Handle: RePEc:tpr:restat:v:76:y:1994:i:4:p:742-53

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  1. Gordon H. Hanson, 2000. "Scale Economies and the Geographic Concentration of Industry," NBER Working Papers 8013, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  2. Theodore M. Crone, 1997. "Where have all the factory jobs gone - and why?," Business Review, Federal Reserve Bank of Philadelphia, issue May, pages 3-18. [Downloadable!]
  3. Donald R. Davis & David E. Weinstein, 2002. "Market size, linkages, and productivity: A study of Japanese regions," Discussion Papers 0102-04, Columbia University, Department of Economics. [Downloadable!]
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  4. Head, Charles Keith & Mayer, Thierry, 2003. "The Empirics of Agglomeration and Trade," CEPR Discussion Papers 3985, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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