This paper explores the impact of globalization on the micro-determinants of agglomeration, namely labor pooling (LP), goods pooling (GP), and idea pooling (IP). According to our estimates, LP now has a negative effect on employment agglomeration in U.S. manufacturing. More specifically, we find...

This paper explores the impact of globalization on the micro-determinants of agglomeration, namely labor pooling (LP), goods pooling (GP), and idea pooling (IP). According to our estimates, LP now has a negative effect on employment agglomeration in U.S. manufacturing. More specifically, we find...