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Author:Henderson, V.
Kuncoro, A.
Turner, M.
Title:Industrial development in cities
Journal:Journal of Political Economy
1995 : OCT, VOL. 103:5, p. 1067-1090
Index terms:POLITICAL ECONOMY
INDUSTRIAL DEVELOPMENT
RESEARCH
Language:eng
Abstract:This paper uses data for eight manufacturing industries in 1970 and 1987 to test for and characterize dynamic production externalities in cities. The authors find evidence of both MAR externalities, which are associated with past own industry employment concentration, and Jacobs externalities, which are associated with past diversity of local total employment. More specifically, for mature capital goods industries, there is evidence of MAR externalities but none of Jacob externalities. These findings are consistent with notions of urban specialization and product cycles.
SCIMA record nr: 142625
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