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Measuring Agglomeration Forces in a Financial Center

Patrice Pieretti and Arnaud Bourgain

Economics Bulletin, 2006, vol. 18, issue 3, 1-9

Abstract: Basing on Scitovsky's (1954) definition of external economies and applying the method of Caballero and Lyons (1990) to macro data of Luxembourg services industry, we find significant agglomeration forces between financial intermediaries (downstream industry) on the one hand and business services and computer industry (upstream industries) on the other.

JEL-codes: L8 R1 (search for similar items in EconPapers)
Date: 2006-07-01
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