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

Ron Boschma (), Martin Henning and Frank Neffke

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

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.

JEL-codes: N0 (search for similar items in EconPapers)
Pages: 50 pages
Date: 2009-11
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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http://eprints.lse.ac.uk/33498/ Open access version. (application/pdf)

Related works:
Journal Article: The impact of aging and technological relatedness on agglomeration externalities: a survival analysis (2012)
Working Paper: The Impact of Aging and Technological Relatedness on Agglomeration Externalities: A Survival Analysis (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:33498

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