| 来源类型 | Working Paper
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| 规范类型 | 报告
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| DOI | 10.3386/w4781
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| 来源ID | Working Paper 4781
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| Agglomeration and the Price of Land: Evidence from the Prefectures |
| Robert Dekle; Jonathan Eaton
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| 发表日期 | 1994-06-01
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| 出版年 | 1994
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| 语种 | 英语
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| 摘要 | We use Japanese prefectural wage and land price data to estimate the magnitude of agglomeration effects in manufacturing and finance. We also examine the range of agglomeration effects by estimating the extent to which they diminish with distance, using a specification that encompasses the polar cases of purely local agglomeration economies, on the one hand, and national increasing returns to scale, on the other. We find that agglomeration effects are slightly stronger in financial services than in manufacturing, and that they diminish substantially with distance in either sector. Our estimates indicate that agglomeration effects can explain about 5.6 per cent of the growth in Japanese output per worker in manufacturing and about 8.9 per cent of the growth in output per worker in financial services during 1976-1988. Our estimates imply that, while the average elasticity of productivity with respect to agglomeration is between 10 and 15 per cent, agglomeration economies in the largest prefectures are nearly exhausted. |
| 主题 | Regional and Urban Economics
; Regional Economics
; International Economics
; Trade
|
| URL | https://www.nber.org/papers/w4781
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| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/562184
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推荐引用方式
GB/T 7714 |
Robert Dekle,Jonathan Eaton. Agglomeration and the Price of Land: Evidence from the Prefectures. 1994.
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文件名：
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w4781.pdf
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格式：
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Adobe PDF
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