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Agglomeration externalities and productivity growth : U.S. cities, 1880-1930
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Klein, Alexander and Crafts, N. F. R. (2018) Agglomeration externalities and productivity growth : U.S. cities, 1880-1930. Economic History Review . doi:10.1111/ehr.12786 (In Press)
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Official URL: https://doi.org/10.1111/ehr.12786
Abstract
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.
| Item Type: | Journal Article | ||||||
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| Subjects: | H Social Sciences > HC Economic History and Conditions H Social Sciences > HD Industries. Land use. Labor |
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| Divisions: | Faculty of Social Sciences > Economics | ||||||
| Library of Congress Subject Headings (LCSH): | Industrial productivity -- History -- United States, Cities and towns -- Economic aspects -- History -- United States, Economic specialization | ||||||
| Journal or Publication Title: | Economic History Review | ||||||
| Publisher: | Wiley-Blackwell Publishing Ltd. | ||||||
| ISSN: | 0013-0117 | ||||||
| Official Date: | 13 December 2018 | ||||||
| Dates: |
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| Date of first compliant deposit: | 12 July 2018 | ||||||
| DOI: | 10.1111/ehr.12786 | ||||||
| Status: | Peer Reviewed | ||||||
| Publication Status: | In Press | ||||||
| Publisher Statement: | This is the peer reviewed version of the following article: Klein, A. and Crafts, N. (2018), Agglomeration externalities and productivity growth: US cities, 1880–1930. The Economic History Review. doi:10.1111/ehr.12786, which has been published in final form at https://doi.org/10.1111/ehr.12786. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions. | ||||||
| Access rights to Published version: | Restricted or Subscription Access | ||||||
| RIOXX Funder/Project Grant: |
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