How do you build the next Silicon Valley? This paper offers an empirical examination of the factors that help foster internet firms and employment. It builds off literature examining factors related to the economic potential of places. We examine the internet industry using the identification...

Community banks are the central financial institution in many places. They have aunique capacity to alleviate firm credit constraints through economic downturns. This mayincrease economic resilience, delaying or mitigating the effects of the Great Recession. Weestimate how the county-level...

Over the last 3 decades, the product, labor, and capital markets of the People’s Republic of China have become gradually more integrated within its borders, though integration has been significantly slower for capital markets. There remains a significant urban-rural divide, and cities in the...

This paper investigates the relationship between devolution and regional disparities by looking at the case of Italy. By integrating the relevant quantitative and qualitative evidence, it attempts to answer two questions. Did the devolutionary process exert a positive influence on regional...

This article begins by constructing a model of stratified and divergent economic growth integrating economic geography, human development and endogenous technological change. Even in the presence of perfect capital, goods, and labor markets, economic geography and local governance can lead to...

We quantify agglomeration spillovers by estimating the impact of the opening of a large manufacturing plant on the total factor productivity (TFP) of incumbent plants in the same county. We use the location rankings of profit-maximizing firms to compare incumbent plants in the county where the...

Measures of entrepreneurship, such as average establishment size and the prevalence of start-ups, correlate strongly with employment growth across and within metropolitan areas, but the endogeneity of these measures bedevils interpretation. Chinitz (1961) hypothesized that coal mines near...

The present paper deals with the perceptions about market conditions and public policies related to enhance entrepreneurial activities at regional levels. This is the first academic research at regional level in Chile and one of the few in Latin America to study this issue. The main results seem...

We studied the effects of droughts on crime in a semi-arid region of Northeastern Brazil. We make three contributions. First, we estimate the effects of annual and winter and summer drought shocks on crime wave. Second, we measure more precisely the spatial influence by estimating the direct,...

We investigate the impact of manufacturing employment growth on the non-tradable sector for prefecture-level cities in China. Using the 2000 and 2010 Censuses of Population, we apply the shift-share approach to isolate the exogenous change of employment growth in manufacturing. We find that...