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The Identification of Agglomeration Economies
Combes, Pierre-Philippe; Duranton, Gilles; Gobillon, Laurent - C.E.P.R. Discussion Papers - 2010
Measures of urban productivity are typically positively associated with city population. But is this relationship causal? We discuss the main sources of bias in the proper identification of agglomeration effects. We also assess a variety of solutions that have been proposed in the literature to...
Persistent link: https://www.econbiz.de/10008784756
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The Identification of Agglomeration Economies
Combes, Pierre-Philippe; Duranton, Gilles; Gobillon, Laurent - HAL - 2010
Measures of urban productivity are typically positively associated with city population. But is this relationship causal? We discuss the main sources of bias in the proper identification of agglomeration effects. We also assess a variety of solutions that have been proposed in the literature to...
Persistent link: https://www.econbiz.de/10008794162
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Sunk costs and the dynamics of creative industries
Bakker, Gerben - Department of Economic History, London School of … - 2012
This chapter examines the long-run evolution of modern entertainment industries such as the film and music industries. It investigates ways to conceptualise and quantify the subsequent waves of creative destruction, and investigates specifically how sunk costs affect the evolution of the...
Persistent link: https://www.econbiz.de/10010746778
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An urban overhead? : crime, agglomeration, and amenity
Donovan, Stuart; Graaff, Thomas de; Groot, Henri L. F. de; … - 2023
Using data for 134 locations in New Zealand, we study the effects of crime and agglomeration on urban amenity. We find … that crime has significant negative effects on the value of urban amenity, with elasticities of approximately −0.06 for … approximately 2-3 times more sensitive to crime than average temperature. More uniquely, we find that controlling for crime leads to …
Persistent link: https://www.econbiz.de/10014261152
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An urban overhead? Crime, agglomeration, and amenity
Donovan, Stuart; de Graaff, Thomas; de Groot, Henri L.F.; … - 2023
Using data for 134 locations in New Zealand, we study the effects of crime and agglomeration on urban amenity. We find … that crime has significant negative effects on the value of urban amenity, with elasticities of approximately ?0.06 for … approximately 2–3 times more sensitive to crime than average temperature. More uniquely, we find that controlling for crime leads to …
Persistent link: https://www.econbiz.de/10014321797