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Persistent link: https://www.econbiz.de/10005345658
In this paper we study a class of evolutionary models of industrial agglomeration with local positive feedbacks, which allow for a wide set of empirically-testable implications. Their roots rest in the Generalized Polya Urn framework. Here, however, we build on a birth-death process over a...
Persistent link: https://www.econbiz.de/10005481651
Economies of agglomeration are central in understanding the emergence of industrial clustering. However, existing models that incorporate economies of agglomeration to explain industrial concentration have been providing a quite small set of empirically testable predictions. In this paper, we...
Persistent link: https://www.econbiz.de/10005481680
Persistent link: https://www.econbiz.de/10008546134
This highly preliminary work attempts to study the multiple drivers of agglomeration phenomena in contemporary economies. First, we propose a tentative taxonomy of agglomeration drivers in which the conditions of knowledge accumulation play a paramount role. Second, we discuss the achievements...
Persistent link: https://www.econbiz.de/10005650060
This work explores the spatial distribution of productive activities in the Italian manufacturing industry. We propose an econometric model which tries to disentangle location-specific from sectoral drivers in the dynamic process of spatial agglomeration. The basic idea is that the former...
Persistent link: https://www.econbiz.de/10005397286
This work explores the spatial structure of location of production activities. We try to disentangle location- from sector-specific drivers in the dynamic process of spatial agglomeration. We argue that the former typically apply "horizontally" (i.e. across all industrial sectors), while the...
Persistent link: https://www.econbiz.de/10005518721
In this work we explore some basic properties of the size distributions of firms and of their growth processes both at aggregate and disaggregate levels. First, we investigate which properties of firm’s size distributions and growth dynamics are robust under disaggregation. Second, at a...
Persistent link: https://www.econbiz.de/10005040916
This work explores and compares some basic properties of corporate growth process at both aggregate manufacturing level and disaggregated sectoral levels. Using an extensive dataset on Italian manufacturing firms, we investigate which properties of firm growth dynamics are robust under...
Persistent link: https://www.econbiz.de/10005722704
In this paper, we present an agent-based, evolutionary, model of output- and labor-market dynamics. Firms produce a homogeneous, perishable good under constant returns to scale using labor only. Labor productivities are firm-specific and change stochastically due to technical progress. The key...
Persistent link: https://www.econbiz.de/10005050886