Explaining Local Manufacturing Growth in Chile : The Advantages of Sectoral Diversity

Publication:
Explaining Local Manufacturing Growth in Chile : The Advantages of Sectoral Diversity

dc.contributor.author	Almeida, Rita
dc.contributor.author	Fernandes, Ana M.
dc.date.accessioned	2013-05-09T19:19:25Z
dc.date.available	2013-05-09T19:19:25Z
dc.date.issued	2012-04-05
dc.description.abstract	This article investigates whether the agglomeration of economic activity in regional clusters affects long-run manufacturing Total Factor Productivity (TFP) growth in an emerging market context. We explore a large firm-level panel dataset for Chile during a period characterized by high growth rates and rising regional income inequality (1992–2004). Our findings are clear-cut. Locations with greater concentration of a particular sector have not experienced faster TFP growth during this period. Rather, local sector diversity was associated with higher long-run TFP growth. However, there is no evidence that the diversity effect was driven by the local interaction with a set of suppliers and/or clients. We interpret this as evidence that agglomeration economies are driven by other factors such as the sharing of access to specialized inputs not provided solely by a single sector, e.g. skills or financing.	en
dc.identifier.citation	Applied Economics
dc.identifier.doi	10.1596/13352
dc.identifier.issn	0003-6846
dc.identifier.uri	https://hdl.handle.net/10986/13352
dc.language.iso	en_US
dc.publisher	Taylor and Francis
dc.relation.ispartofseries	Applied Economics;45(16)
dc.relation.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights	CC BY-NC-ND 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/igo/
dc.subject	agglomeration economies
dc.subject	local growth
dc.subject	knowledge spillovers
dc.subject	total factor productivity growth
dc.title	Explaining Local Manufacturing Growth in Chile : The Advantages of Sectoral Diversity	en
dc.type	Journal Article	en
dc.type	Article de journal	fr
dc.type	Artículo de revista	es
dspace.entity.type	Publication
okr.crosscuttingsolutionarea	Jobs
okr.date.disclosure	2012-08-21
okr.date.doiregistration	2025-05-06T10:57:04.987530Z
okr.doctype	Journal Article
okr.externalcontent	External Content
okr.globalpractice	Macroeconomics and Fiscal Management
okr.globalpractice	Trade and Competitiveness
okr.journal.nbpages	2201-2213
okr.language.supported	en
okr.peerreview	Academic Peer Review
okr.region.country	Chile
okr.relation.associatedurl	http://www.tandfonline.com/doi/abs/10.1080/00036846.2012.659344
okr.relation.associatedurl	https://openknowledge.worldbank.org/handle/10986/3659
okr.topic	Industry::General Manufacturing
okr.topic	Macroeconomics and Economic Growth::Regional Economic Development
okr.topic	Macroeconomics and Economic Growth::Spatial and Local Economic Development
okr.volume	45(16)
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