Endogenous Growth and Entrepreneurial Activity in Cities

Endogenous Growth and Entrepreneurial Activity in Cities
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发表时间:
2003
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通讯作者:
Z. Acs;C. Armington
Z. Acs;C. Armington
中科院分区:
其他
文献类型:
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作者:
Z. Acs;C. Armington

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最近的经济增长理论强调了外部性在促进增长中的作用。我们使用人口普查局跟踪整个美国私营部门经济中所有雇主的数据,研究了这些外部性(以创业活动衡量)对当地市场区域就业增长的影响。我们发现,创业活动水平的差异,地理上邻近的行业之间的多样性,人力资本的程度与增长率的变化呈正相关,但制造业似乎是一个例外。
Recent theories of economic growth have stressed the role of externalities in generating growth. Using data from the Census Bureau that tracks all employers in the whole U.S. private sector economy, we examine the impact of these externalities, as measured by entrepreneurial activity, on employment growth in Local Market Areas. We find that differences in levels of entrepreneurial activity, diversity among geographically proximate industries, and the extent of human capital are positively associated with variation in growth rates, but the manufacturing sector appears to be an exception.