Open AccessPosted Content
Nursery Cities: Urban Diversity, Process Innovation and the Life-Cycle of Products
Gilles Duranton,Diego Puga +1 more
Reads0
Chats0
TLDR
In this paper, a simple model of process innovation is proposed, where firms learn about their ideal production process by making prototypes and switch to mass-production and relocate to specialised cities with lower costs.Abstract:
A simple model of process innovation is proposed, where firms learn about their ideal production process by making prototypes. We build around this a dynamic general equilibrium model, and derive conditions under which diversified and specialised cities coexist. New products are developed in diversified cities, trying processes borrowed from different activities. On finding their ideal process, firms switch to mass-production and relocate to specialised cities with lower costs. When in equilibrium, this configuration welfare-dominates those with only diversified or only specialised cities. We find strong evidence of this relocation pattern in establishment relocations across French employment areas 1993u1996.read more
Citations
More filters
Book ChapterDOI
Productivity and Local Workforce Composition
David C. Maré,Richard Fabling +1 more
TL;DR: In this article, the authors examined the link between firm productivity and the population composition of the areas in which firms operate and found evidence of productive spillovers from operating in areas with high-skilled workers, and with high population density.
Journal ArticleDOI
Survival of entrepreneurial firms: the role of agglomeration externalities
TL;DR: In this article, the authors analyzed the role of various types of agglomeration externalities on the survival rate of entrepreneurial firms and found that only Jacobian externalities (diversity) is positively associated with the survival of entrepreneurial companies.
Journal ArticleDOI
The geographic determinants of bankruptcy: evidence from Switzerland
TL;DR: In this article, the authors examined the geographic determinants of firm bankruptcy and found that bankruptcy rates tend to be lower in the central municipalities of agglomerations and bankruptcy rates are lower in regions with favorable business conditions (where corporate taxes and unemployment are low and public investment is high).
Journal ArticleDOI
Agglomeration economies, spatial dependence and local industry growth
Raffaele Paci,Stephano Usai +1 more
TL;DR: In this paper, the authors analyse the determinants of employment growth at the local industry level and assess the role of different types of agglomeration economies to local growth controlling also for the presence of spatial dependence.
Journal ArticleDOI
Urban Agglomeration and CEO Compensation
TL;DR: This paper investigated the link between the spatial clustering of firms in big, central cities (i.e., urban agglomeration) and the level and structure of CEO compensation and found a positive relation between the size and centrality of the city in which the firm is headquartered and the total, as well as the equity based portion of CEO pay.
References
More filters
Book
Principles of Economics
TL;DR: In this article, the authors present a survey of the general relations of demand, supply, and value in terms of land, labour, capital, and industrial organization, with an emphasis on the fertility of land.
Book
The Economy of Cities
TL;DR: In this article, the authors studied the economy of cities and the main social problems that humanity has and the greatest source of creativity, innovation and development opportunities to solve those problems, which is relevant for a number of reasons: first of all, because most of the planet's population is grouped in them.
Posted Content
Growth in Cities
Edward L. Glaeser,Edward L. Glaeser,Edward L. Glaeser,Hedi Kallal,Jose A. Scheinkman,Jose A. Scheinkman,Jose A. Scheinkman,Andrei Shleifer,Andrei Shleifer +8 more
TL;DR: In this paper, the authors used a new data set on the growth of large industries in 170 U.S. cities between 1956 and 1987 and found that local competition and urban variety, but not regional specialization, encourage employment growth in industries.
Journal ArticleDOI
Innovation in cities: Science-based diversity, specialization and localized competition
TL;DR: In this article, the authors consider the effect of the composition of economic activity on innovation and test whether the specialization of economic activities within a narrow concentrated set of activities is more conducive to knowledge spillovers or if diversity, by bringing together complementary activities, better promotes innovation.
Related Papers (5)
Original Innovation, Learnt Innovation and Cities: Evidence from UK SMEs:
Neil Lee,Andrés Rodríguez-Pose +1 more