Identifying Agglomeration Spillovers: Evidence from Winners and Losers of Large Plant Openings

被引：444

作者：

Greenstone, Michael ^{[1
]}

Hornbeck, Richard ^{[2
]}

Moretti, Enrico ^{[3
]}

机构：

[1] MIT, Cambridge, MA 02139 USA

[2] Harvard Univ, Cambridge, MA 02138 USA

[3] Univ Calif Berkeley, Berkeley, CA 94720 USA

来源：

JOURNAL OF POLITICAL ECONOMY | 2010年 / 118卷 / 03期

关键词：

GEOGRAPHIC CONCENTRATION; PRODUCTIVITY; RETURNS;

D O I：

10.1086/653714

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We quantify agglomeration spillovers by comparing changes in total factor productivity (TFP) among incumbent plants in "winning" counties that attracted a large manufacturing plant and "losing" counties that were the new plant's runner-up choice. Winning and losing counties have similar trends in TFP prior to the new plant opening. Five years after the opening, incumbent plants' TFP is 12 percent higher in winning counties. This productivity spillover is larger for plants sharing similar labor and technology pools with the new plant. Consistent with spatial equilibrium models, labor costs increase in winning counties, indicating that profits ultimately increase less than productivity.

引用

页码：536 / 598

页数：63

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