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Please use this identifier to cite or link to this item:
http://hdl.handle.net/10016/4804
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| Title: | Spatial growth and industry age |
| Author(s): | Desmet, Klaus [desmet]
Rossi-Hansberg, Esteban |
| Publisher: | Elsevier |
| Issued date: | 2009 |
| Citation: | Journal of Economic Theory, 2009, v. 144, n. 6, pp. 2477-2502 |
| URI: | http://hdl.handle.net/10016/4804 |
| ISSN: | 0022-0531 |
| DOI: | http://dx.doi.org/10.1016/j.jet.2008.11.001 |
| Abstract: | Between 1970 and 2000 employment growth across U.S. counties exhibited very different patterns in manufacturing and services. Whereas manufacturing employment growth was negatively related to initial manufacturing employment across the entire distribution of counties, service employment growth was positively related to initial service employment for intermediate sized counties. This paper presents a theory to rationalize these facts. Local sectoral growth is driven by technological diffusion across space and depends on the age of the sector. The theory correctly predicts the relation between county employment growth and initial county employment in manufacturing at the turn of the 20th century. |
| Sponsor: | Desmet acknowledges the financial support of the Fundación Ramón Areces |
| Review: | PeerReviewed |
| Version of: | http://hdl.handle.net/10016/14363 |
| Publisher version: | http://dx.doi.org/10.1016/j.jet.2008.11.001 |
| Keywords: | Spatial growth
Industry age
Technology diffusion
Spillovers
Distribution of economic activity
Scale-dependent growth |
| JEL Classification: | E2
O3
O4
R1 |
| Rights: | © Elsevier |
| Appears in Collections: | DE - Artículos de Revistas
Economists Online
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