Identifying Agglomeration Spillovers: Evidence from Million Dollar Plants
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چکیده
منابع مشابه
Identifying Agglomeration Spillovers: Evidence from Million Dollar Plants*
We quantify agglomeration spillovers by estimating the impact of the opening of a large new manufacturing plant on the total factor productivity (TFP) of incumbent plants in the same county. Articles in the corporate real estate journal Site Selection reveal the county where the “Million Dollar Plant” ultimately chose to locate (the “winning county”), as well as the one or two runner-up countie...
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We quantify agglomeration spillovers by estimating the impact of the opening of a large manufacturing plant on the total factor productivity (TFP) of incumbent plants in the same county. We use the location rankings of profit-maximizing firms to compare incumbent plants in the county where the new plant ultimately chose to locate (the “winning county”), with incumbent plants in the runner-up co...
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In David Hilbert’s lecture in 1900, he presented 15 difficult problems that guided much of the research of mathematicians in the last century. Today, only 12 of these 15 problems have been solved. In honor of this great mathematician and to celebrate mathematics of the new millennium, the Clay Mathematics Institute of Cambridge, Massachusetts is offering a one million dollar prize for the solut...
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In this paper we quantify the extent and magnitude of agglomeration spillovers from a formal institution whose sole mission is the creation and dissemination of knowledge -the research university. We use the fact that universities follow a fixed endowment spending policy based on the market value of their endowments to identify the causal effect of the density of university activity on labor in...
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Households who regularly report spending in the Nielsen Consumer Panel in 2008 were surveyed about financial and behavioral characteristics as well as their receipt of an Economic Stimulus Payment. Using roughly 25 million dollars in reported payments and the random timing of payments, this paper relates household characteristics to the propensity of households to spend pre-announced, lump-sum ...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2007
ISSN: 1556-5068
DOI: 10.2139/ssrn.1078027