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Relatedness, Industrial Branching and Technological Cohesion in US Metropolitan Areas

Essletzbichler, Jürgen (2015) Relatedness, Industrial Branching and Technological Cohesion in US Metropolitan Areas. Regional Studies, 49 (5). pp. 752-766. ISSN 1360-0591

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Abstract

Relatedness, industrial branching and technological cohesion in US metropolitan areas, Regional Studies. Work by evolutionary economic geographers on the role of industry relatedness for regional economic development is extended into a number of methodological and empirical directions. First, relatedness is measured as the intensity of inputoutput linkages between industries. Second, this measure is employed to examine industry evolution in 360 US metropolitan areas. Third, an employment-weighted measure of metropolitan technological cohesion is developed. The results confirm that technological relatedness is positively related to metropolitan industry portfolio membership and industry entry and negatively related to industry exit. The decomposition of technological cohesion indicates that the selection of related incumbent industries complements industry entry and exit as the main drivers of change in metropolitan technological cohesion.

Item Type: Article
Additional Information: This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/3.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. The moral rights of the named author(s) have been asserted.
Keywords: evolutionary economic geography / industry relatedness / industrial branching / technological cohesion / selection / entry / exit
Classification Codes: JEL R1, R11
Divisions: Departments > Sozioökonomie > Wirtschaftsgeographie und Geoinformatik
Version of the Document: Published
Variance from Published Version: None
Depositing User: Hanne Schwarz
Date Deposited: 18 Jul 2017 14:58
Last Modified: 18 Jul 2017 22:08
Related URLs:
FIDES Link: https://bach.wu.ac.at/d/research/results/76647/
URI: http://epub.wu.ac.at/id/eprint/4981

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