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Agglomeration externalities and productivity growth

US cities, 1880-1930

Bibliographic Data

ID5126315
AuthorsAlexander Klein (0009-0006-0814-5302, University of Kent), Nicholas Crafts (0000-0002-1885-6240, University of Warwick, corresponding author)
Year2020
Volume73
Issue1
Pages209-232
Publication date2020-02-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Economic History Review (JOURNAL)
Journal identifiersISSN: 0013-0117 • E-ISSN: 1468-0289
PublisherWiley (PUBLISHER • GB)
DOI10.1111/ehr.12786
OpenAlexW2903675597
LanguageEN
Citations received10
References cited28

We investigate the role of industrial structure in labour productivity growth in manufacturing in US cities during the 'second industrial revolution'. We find that initially greater specialization was associated with faster subsequent productivity growth but that only the very high levels of diversity which obtained in some very large cities had a positive correlation. We interpret our results as demonstrating the existence of dynamic Marshallian externalities. The impact of industrial specialization in our sample of US cities after 1890 is found to have raised the level of labour productivity in manufacturing by about 4 per cent by 1920

Business · Diversity (politics) · Economic geography · Economic growth · Economics · Economies of agglomeration · Externality · Geography · Industrial Revolution · Manufacturing · Microeconomics · Productivity · Sample (material) · Sociology · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Regional Economics and Spatial Analysis

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Unique citing works10
Citations per year1,43
Citation span2019 - 2026 (8)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 8

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