Agglomeration externalities, market structure and employment growth in high-tech industries: Revisiting the evidence
and | Oct 26, 2015
Published Online: Oct 26, 2015
Page range: 76 - 81
Received: Nov 17, 2014
Accepted: Jun 02, 2015
DOI: https://doi.org/10.1515/mgrsd-2015-0007
Keywords
© 2015 Andrzej Cieślik et al., published by De Gruyter Open
This chapter is distributed under the terms of the Creative Commons Attribution 4.0 Public License.
In this paper we revisit the existing empirical evidence on the effects of various agglomeration externalities and the market structure on employment growth in the high-tech industries of the European Economic Area (EEA). Our study is based on the dynamic panel dataset of two-digit NACE rev 1.1. industries in 285 regions of the European Economic Area for the period 1995-2007. We find that employment growth is negatively related to competition, while localization and urbanization externalities do not seem to affect growth.