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Superstar firms: how the shift from manufacturing to services affects local concentration of sales and jobs

Author

Listed:
  • David Autor
  • Christina Patterson
  • John Van Reenen

Abstract

The leading US firms in many industries have increased their national market share substantially over the last four decades - making these industries more concentrated. But locally the picture is more complex. David Autor, Christina Patterson and John Van Reenen show that while the local concentration of sales in the US has also risen, the concentration of local employment has fallen. These divergent trends are driven by the same underlying economic factor: the shift from manufacturing to services.

Suggested Citation

  • David Autor & Christina Patterson & John Van Reenen, 2023. "Superstar firms: how the shift from manufacturing to services affects local concentration of sales and jobs," CentrePiece - The magazine for economic performance 658, Centre for Economic Performance, LSE.
    • Handle: RePEc:cep:cepcnp:658
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    File URL: https://cep.lse.ac.uk/pubs/download/cp658.pdf
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    Keywords

    market share; growth; Employment; Technological change;
    All these keywords.

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