search query: @author Henderson, V. / total: 6
reference: 4 / 6
Author: | Henderson, V. |
Title: | Externalities and industrial development |
Journal: | Journal of Urban Economics
1997 : NOV, VOL. 42:3, p. 449-470 |
Index terms: | EXTERNALITIES INDUSTRIAL DEVELOPMENT URBAN AREAS |
Language: | eng |
Abstract: | Using panel data for five capital goods industries, this paper estimates dynamic externalities. In contrast to previous studies, panel data allow separation of externalities from fixed effects and identification of a lag structure. The author finds strong evidence of Marshall-Arrow-Romer (own industry, or localization) externalities. For Jacobs (urbanization) externalities effects are smaller. |
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