Accetturo, Antonio
[VerfasserIn]
;
Di Giacinto, Valter
[Sonstige Person, Familie und Körperschaft];
Micucci, Giacinto
[Sonstige Person, Familie und Körperschaft];
Pagnini, Marcello
[Sonstige Person, Familie und Körperschaft]
Erschienen in:Bank of Italy Temi di Discussione (Working Paper) ; No. 910
Umfang:
1 Online-Ressource (65 p)
Sprache:
Englisch
DOI:
10.2139/ssrn.2259679
Identifikator:
Entstehung:
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments April 24, 2013 erstellt
Beschreibung:
Two main hypotheses are usually put forward to explain the productivity advantages of larger cities: agglomeration economies and firm selection. Combes et al. (2012) propose an empirical approach to disentangle these two effects and fail to find any impact of selection on local productivity differences. We theoretically show that selection effects do emerge when asymmetric trade and entry costs and different spatial scale at which agglomeration and selection may work are properly taken into account. The empirical findings confirm that agglomeration effects play a major role. However, they also show a substantial increase in the importance of the selection effect when asymmetric trade costs and a different spatial scale are taken into account