Marshall or Jacobs? Answers to an unsuitable question from an interaction model

Arbeitspapier

This paper investigates whether localization economies as brought forward by Marshall(1890) or urbanization economies as mentioned by Jacobs (1970) are more decisive forregional gross value added per capita. Our novel approach is to explicitly allow forinterdependencies between these two theories and to take into account that the initiallevels of specialization and diversification might play a role. We therefore deploy amodel with interaction terms and find that these two theories are not mutually exclusivein most of our sectors. In addition, the empirical results show that the initial levels ofspecialization and diversification do matter as well.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: ifo Working Paper ; No. 124

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Multiple or Simultaneous Equation Models: Panel Data Models; Spatio-temporal Models ; Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure ; Economic Growth and Aggregate Productivity: General ; Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
• Thema: Localization and urbanization economies ; interaction models ; regional gross valued added ; Regionales Cluster ; Agglomerationseffekt ; Räumliche Interaktion ; Regionale Entwicklung ; Wertschöpfung ; Theorie

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Kluge, Jan ; Lehmann, Robert
• Ereignis: Veröffentlichung
• (wer): ifo Institute - Leibniz Institute for Economic Research at the University of Munich
• (wo): Munich
• (wann): 2012

Weitere Informationen

• Handle: http://hdl.handle.net/10419/73827
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ