Cities and clusters: economy-wide and sector-specific effects in corporate location
AbstractAre the observed spatial distributions of firms decided mostly by market-mediated, economy-wide locational forces, or rather by non-pecuniary, sector-specific ones? This work finds that the latter kind of forces weight systematically more than the former in deciding firm location. The analysis uses Italian data on a variety of manufacturing and service sectors spatially disaggregated at the level of Local Labor Systems.
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Bibliographic InfoPaper provided by Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy in its series LEM Papers Series with number 2010/16.
Date of creation: 16 Sep 2010
Date of revision:
Industrial Location; Sector-specific Agglomeration; Urbanization Economy; Maximum Likelihood Estimation;
Other versions of this item:
- Bottazzi Giulio & Gragnolati Ugo M., 2011. "Cities and Clusters: Economy-Wide and Sector-Specific Effects in Corporate Location," L'industria, Società editrice il Mulino, issue 4, pages 577-614.
- L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
- C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
- R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Production Analysis, and Firm Location
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-10-02 (All new papers)
- NEP-CSE-2010-10-02 (Economics of Strategic Management)
- NEP-GEO-2010-10-02 (Economic Geography)
- NEP-URE-2010-10-02 (Urban & Real Estate Economics)
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