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The impact of aging and technological relatedness on agglomeration externalities: a survival analysis

Boschma, Ron, Henning, Martin and Neffke, Frank (2009) The impact of aging and technological relatedness on agglomeration externalities: a survival analysis. SERC Discussion Papers, SERCDP0036. Spatial Economics Research Centre (SERC), London School of Economics and Political Science, London, UK.

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Abstract

We study localization, urbanization, and Jacobs’ externality effects on plant survival in Sweden (1970-2004). We focus on two questions: (1) do agglomeration externalities change with the age of plants? (2) using new information about the relatedness among industries, what is the role of technological relatedness among local industries? We find that agglomeration externalities affect survival chances of plants. This effect, however, differs between corporate and non-affiliated plants. Furthermore, we find that Jacobs’ externalities benefit only young plants, whereas urbanization externalities harm plants at all ages. Localization externalities are insignificant, while the presence of related industries substantially increases survival rates.

Item Type: Monograph (Discussion Paper)
Official URL: http://www.spatialeconomics.ac.uk/SERC/publication...
Additional Information: © 2009 Ron Boschma, Martin Henning and Frank Neffke
Library of Congress subject classification: H Social Sciences > HC Economic History and Conditions
T Technology > T Technology (General)
Sets: Research centres and groups > Spatial Economics Research Centre
Collections > Economists Online
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Identification Number: SERCDP0036
Date Deposited: 24 Mar 2011 11:11
URL: http://eprints.lse.ac.uk/33498/

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