The Impact of Aging and Technological Relatedness on Agglomeration Externalities
Author
Summary, in English
We study localization, urbanization and Jacobs’ externality effects on plant survival in Sweden (1970–2004). We focus on two questions: (i) do agglomeration externalities change with the age of plants? and (ii) what is the role of technological relatedness among local industries? We find that agglomeration externalities affect survival chances of plants. This effect, however, differs between corporate and non-affiliated plants. Furthermore, we find that Jacobs’ externalities benefit only young plants, whereas urbanization externalities harm plants at all ages. Localization externalities are insignificant, while the local presence of technologically related industries substantially increases survival rates of plants.
Department/s
Publishing year
2012
Language
English
Pages
485-517
Publication/Series
Journal of Economic Geography
Volume
12
Issue
2
Document type
Journal article
Publisher
Oxford University Press
Topic
- Human Geography
Keywords
- agglomeration
- externalities
- nursety cities
- Cox Regression
- Aalen
- plant survival
- Sweden
Status
Published
ISBN/ISSN/Other
- ISSN: 1468-2702