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New businesses are highly involved in innovative activity, which enhances worker productivity and leads to increased economic output. This paper investigates the effects of industry concentration on the incidence of new business openings in the 5,504 Maine county-industries. Empirical findings...
Persistent link: https://www.econbiz.de/10005195571
The economic crisis contributed to sharp increases in U.S. unemployment rates for all three of the major socio-economic classes. Results from regression models using individual-level data from the 2006-2011 U.S. Current Population Surveys indicate that members of the Creative Class had a lower...
Persistent link: https://www.econbiz.de/10010742101
The economic crisis contributed to sharp increases in US unemployment rates for all three of the major socio-economic classes. Results from regression models using individual-level data from the 2006–2011 US Current Population Surveys indicate that members of the Creative Class had a lower...
Persistent link: https://www.econbiz.de/10010683057
This study identifies clusters of U.S. and Canadian metropolitan areas with similar knowledge traits. These groups—ranging from Making Regions, characterized by knowledge about manufacturing, to Thinking Regions, noted for knowledge about the arts, humanities, information technology, and...
Persistent link: https://www.econbiz.de/10008643783
This paper provides an empirical analysis of the extent to which people in different occupations locate near one another, or coagglomerate. We construct pairwise Ellison-Glaeser coagglomeration indices for U.S. occupations and use these measures to investigate the factors influencing the...
Persistent link: https://www.econbiz.de/10010333581
We examine the relationship between human capital and economic activity in U.S. metropolitan areas, extending the literature in two ways. First, we utilize new data on metropolitan area GDP to measure economic activity. Results show that a one-percentage-point increase in the proportion of...
Persistent link: https://www.econbiz.de/10010283514
This paper examines the micro-foundations of occupational agglomeration in U.S. metropolitan areas, with an emphasis on labor market pooling. Controlling for a wide range of occupational attributes, including proxies for the use of specialized machinery and for the importance of knowledge...
Persistent link: https://www.econbiz.de/10010287071