Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/207456 
Authors: 
Year of Publication: 
2019
Series/Report no.: 
IZA Discussion Papers No. 12631
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
Despite academic scepticism, cluster policies remain popular with policymakers. This paper evaluates the causal impact of a flagship UK technology cluster programme. I build a simple framework and identify effects using difference-in-differences and synthetic controls on rich microdata. I further test for timing, cross-space variation, scaling and churn channels. The policy grew and densified the cluster, but has had more mixed effects on tech firm productivity. I also find most policy 'effects' began before rollout, raising questions about the programme's added value.
Subjects: 
cities
clusters
technology
economic development
synthetic controls
JEL: 
L53
L86
O31
R30
R50
Document Type: 
Working Paper

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