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Thor Berger . Photo

Thor Berger

Associate senior lecturer

Thor Berger . Photo

Industrial renewal in the 21st century: evidence from US cities

Author

  • Thor Berger
  • Carl Benedikt Frey

Summary, in English

Industrial renewal in the 21st century: evidence from US cities. Regional Studies. Where and why do new industries emerge? Using revisions of official industrial classifications, this paper documents the appearance of new industries in the US economy between 2000 and 2010 stemming directly from technological advances. Examining differences in new industry creation across cities, this paper shows that new industries mainly emerge in human capital abundant places and cities that specialize in industries that demand similar skills. Instrumental variables estimates that exploit the location of 19th-century land-grant colleges as an instrument for contemporary differences in human capital assigns a causal interpretation to these results.

Department/s

  • Centre for Economic Demography
  • Department of Economic History

Publishing year

2017

Language

English

Pages

404-413

Publication/Series

Regional Studies

Volume

51

Issue

3

Document type

Journal article

Publisher

Taylor & Francis

Topic

  • Economics and Business

Status

Published

ISBN/ISSN/Other

  • ISSN: 1360-0591