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The Rise and Fall of Cities Read chapter Read first chapter

2015 | OriginalPaper | Chapter

6. Agglomeration Spillovers

Joint Work with Will Crittenberger and Chad Dove

Author : Jaime Luque

Published in: Urban Land Economics

Publisher: Springer International Publishing

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Abstract

Have you ever wondered why California’s Silicon Valley is such an attractive region for high tech firms to start-up? Or perhaps, why the Financial District in New York City is home to so many of the largest financial institutions in the world? The answer to these questions can be explained in authors Michael Greenstone, Richard Hornbeck, and Enrico Moretti’s work “Identifying Agglomeration Spillovers: Evidence from Winners and Losers of Large Plant Openings.”

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Footnotes
1
The spillovers from a MDP keeps declining plants open in the winning counties, whereas, in losing counties, firms that were declining ended up getting shut down (and potentially could have been “saved” by the introduction of a MDP).
 
Literature
Greenstone, M., R. Hornbeck, and E. Moretti (2010), “Identifying Agglomeration Spillovers: Evidence from Winners and Losers of Large Plant Openings”, Journal of Political Economy 118, 536-98.
O’Sullivan A. (2012), Urban Economics, Boston: Irwin/McGraw-Hill, 8th edition.
Metadata
Title
Agglomeration Spillovers
Author
Jaime Luque
Copyright Year
2015
Book
Urban Land Economics

Print ISBN: 978-3-319-15319-3

Electronic ISBN: 978-3-319-15320-9

Copyright Year: 2015

DOI
https://doi.org/10.1007/978-3-319-15320-9_6