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Competitors, Complementors, Parents and Places: Explaining Regional Agglomeration in the U.S. Auto Industry / Luís Cabral, Zhu Wang, Daniel Yi Xu.
- Format:
- Book
- Author/Creator:
- Cabral, Luís.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w18973.
- NBER working paper series no. w18973
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2013.
- Summary:
- Taking the early U.S. automobile industry as an example, we evaluate four competing hypotheses on regional industry agglomeration: intra-industry local externalities, inter-industry local externalities, employee spinouts, and location fixed-effects. Our findings suggest that inter-industry spillovers, particularly the development of the carriage and wagon industry, play an important role. Spinouts play a secondary role and work as a special type of intra-industry spillovers. The presence of other firms in the same industry has a negligible (or even negative) effect. Finally, local inputs account for some agglomeration in the short run, but the effects are much more profound in the long run.
- Notes:
- Print version record
- April 2013.
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