The Economic Complexity of US Metropolitan Areas
Benedikt Fritz and
Robert Manduca
No 2gw9c, SocArXiv from Center for Open Science
Abstract:
Regional Studies, Forthcoming. This is the last draft version (the version submitted to the journal before acceptance) | We calculate measures of economic complexity for US metropolitan areas for the years 1998-2015 based on employment data. We show that the concept translates well to the regional setting and to local and traded industries. Large cities and the Northeast have the highest complexity, while most traded industries are more complex than most local ones. In cross-section, metropolitan complexity is associated with higher incomes, though to a lesser extent recently than in the past. However, within-city increases in complexity are associated with income decreases. Our findings highlight the need for caution when interpreting the relationship between complexity and socioeconomic outcomes.
Date: 2021-01-26
New Economics Papers: this item is included in nep-ure
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Citations: View citations in EconPapers (13)
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Persistent link: https://EconPapers.repec.org/RePEc:osf:socarx:2gw9c
DOI: 10.31219/osf.io/2gw9c
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