G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6427
DP6427 Multiple Growth Regimes ? Insights from Unified Growth Theory
Oded Galor
发表日期2007-08-17
出版年2007
语种英语
摘要U.S. county data for the last 20 or 30 years show that manufacturing employment has been deconcentrating. In contrast, the service sector exhibits concentration in counties with intermediate levels of employment. This paper presents a theory where local sectoral growth is driven by technological diffusion across space. The age of an industry -- measured as the time elapsed since the last major general purpose technology innovation in the sector -- determines the pattern of scale dependence in growth rates. Young industries exhibit non-monotone relationships between employment levels and growth rates, while old industries experience negative scale dependence in growth rates. The model then predicts that the relationship between county employment growth rates and county employment levels in manufacturing at the turn of the 20th century should be similar to the same relationship in services in the last 20 years. We provide evidence consistent with this prediction.
主题International Trade and Regional Economics
关键词Industry age Scale dependence Spatial growth Us counties
URLhttps://cepr.org/publications/dp6427
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/535265
推荐引用方式
GB/T 7714
Oded Galor. DP6427 Multiple Growth Regimes ? Insights from Unified Growth Theory. 2007.
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