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Max-Planck-Institut für Ökonomik, Jena >
Discussion Papers on Entrepreneurship, Growth and Public Policy, MPI für Ökonomik >
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http://hdl.handle.net/10419/19958
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| Title: | | Employment growth and entrepreneurial activity in cities  |
| Authors: | | Ács, Zoltán J. Armington, Catherine |
| Issue Date: | | 2004 |
| Series/Report no.: | | Papers on entrepreneurship, growth and public policy 1304 |
| Abstract: | | 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. |
| Subjects: | | Economic growth Knowledge spillovers Entrepreneurship Industry diversity |
| JEL: | | M13 O40 R11 C8 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Discussion Papers on Entrepreneurship, Growth and Public Policy, MPI für Ökonomik
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| 2004-13.pdf | | 287.31 kB | Adobe PDF |
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