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Technology intensity and agglomeration economies

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  • Liang, Jiaochen
  • Goetz, Stephan J.

Abstract

This article investigates the relationship between industry technology intensity and the impacts of agglomeration economies on industrial growth. Many recent studies suggest the actual economic impacts of different forms of agglomeration economies depend on industrial characteristics such as technology intensity, but systematic empirical evidence is still lacking. To fill this gap, we analyze employment data covering all 3-digit NAICS industries of U.S. counties. The results confirm that technology-intensive industries are more likely to benefit from Jacobs spillovers as measured by related variety, while sectors with low technology intensities can better benefit from MAR spillovers as measured by regional specialization.

Suggested Citation

  • Liang, Jiaochen & Goetz, Stephan J., 2018. "Technology intensity and agglomeration economies," Research Policy, Elsevier, vol. 47(10), pages 1990-1995.
    • Handle: RePEc:eee:respol:v:47:y:2018:i:10:p:1990-1995
    DOI: 10.1016/j.respol.2018.07.006
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    More about this item

    Keywords

    Technology intensity; Related variety; Specialization; Industrial growth;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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