Production Ability and economic growth

نویسندگان

چکیده

Cities and countries undergo constant structural transformation. Industries need many inputs, such as regulations, infrastructure or productive knowledge, which we call capabilities. And locations are successful in hosting industries insofar the capabilities that they can provide. We propose a capabilities-based production model an empirical strategy to measure Sophistication of product Production Ability location. apply our framework international trade data employment United States, recovering measures for cities, products industries. show both country- city-level have strong correlation with income economic growth at different time horizons. Product is positively correlated indicators human capital wages. Our model-based estimations predict appearances disappearances through extensive margin.

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ژورنال

عنوان ژورنال: Research Policy

سال: 2022

ISSN: ['0048-7333', '1873-7625']

DOI: https://doi.org/10.1016/j.respol.2020.104153