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We study the location of more than 1,000 research and development (R&D) labs located in the Northeast corridor of the U.S. Using a variety of spatial econometric techniques, we find that these labs are substantially more concentrated in space than the underlying distribution of manufacturing...
Persistent link: https://www.econbiz.de/10013036470
Cities and marketplaces are central to economic development, but we know little about why such agglomerations initially form. I argue that evolutionary forces select for agglomerations when individuals' desire to spatially coordinate exchange in complex environments. To test this idea, I perform...
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"The agglomeration force behind the New Economic Geography literature initiated by Krugman is based on the notion that larger markets should have a lower variety adjusted price index. Despite his Nobel Prize, there have been no tests of this idea. This paper represents the first such test. Using...
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The authors study the location and productivity of more than 1,000 research and development (R&D) labs located in the Northeast corridor of the U.S. Using a variety of spatial econometric techniques, they find that these labs are substantially more concentrated in space than the underlying...
Persistent link: https://www.econbiz.de/10013037614
Persistent link: https://www.econbiz.de/10010209997
The authors document the spatial concentration of more than 1,000 research and development (R&D) labs located in the Northeast corridor of the U.S. using point pattern methods. These methods allow systematic examination of clustering at different spatial scales. In particular, Monte Carlo tests...
Persistent link: https://www.econbiz.de/10014189864