کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
981097 | 1480551 | 2012 | 14 صفحه PDF | دانلود رایگان |
We investigate whether a more concentrated regional industrial structure – the dominance of a few large firms in a given industry in a region – limits agglomeration economies and ultimately diminishes the economic performance of firms in that industry, especially small ones. In an application to three industries using establishment-level production functions and a combination of confidential and publicly available data sources, we find a consistently negative and substantial direct productivity effect associated with regional industrial structure concentration and only mixed and relatively weak evidence that agglomeration economies are a mediating factor in that effect.
Research highlights
► We investigate the effects of a concentrated regional industrial structure for the performance of manufacturing firms.
► Three industries are examined using establishment-level production functions constructed using confidential U.S. Census data.
► More concentrated industrial structures reduce economic performance, particularly for small firms.
► We do not find strong evidence that limits on agglomeration economies mediate the effect.
Journal: Regional Science and Urban Economics - Volume 42, Issues 1–2, January 2012, Pages 1–14