Measuring the localization of economic activity: A parametric approach

被引:29
作者
Guimaraes, Paulo [1 ]
Figueiredo, Octavio
Woodward, Douglas
机构
[1] Univ S Carolina, Columbia, SC 29208 USA
[2] Univ Porto, P-4200464 Oporto, Portugal
[3] CEMPRE, P-4200464 Oporto, Portugal
关键词
D O I
10.1111/j.1467-9787.2007.00527.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
The index proposed by Ellison and Glaeser (1997) is now well established as the preferred method for measuring the localization of economic activity In this paper we develop an alternative localization measure that is consistent with the theoretical framework originally proposed by Ellison and Glaeser. Our measure follows directly from the Random Utility (Profit) Maximization (RUM) location decision model. Because the distributional assumptions in our model are fully compatible with RUM, we are able to offer a more efficient measure of industry clustering.
引用
收藏
页码:753 / 774
页数:22
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