Economics at your fingertips  

Agglomeration economies in creative industries

Jin Tao, Chun-Yu Ho (), Shougui Luo and Yue Sheng

Regional Science and Urban Economics, 2019, vol. 77, issue C, 141-154

Abstract: This paper examines agglomeration effects on the productivity of Chinese firms in the creative industries between 2012 and 2014. We estimate productivity with a production function approach, and test whether three measures of agglomeration—namely, specialization, diversity, and density—affect the productivity of firms in creative industries. According to our results, that the density elasticity of productivity is 0.31, which suggests that agglomeration economies matter for creative industries. Urbanization economies resulting from diversity in service industries are the main source of agglomeration economies, but there is no specialization effect after controlling for firm size, ownership, and industry concentration. Further, availability of communication, represented by digital access and transportation convenience, boosts knowledge spillovers and thus enhances urbanization economies. Our findings are robust to alternative specifications, outcome and agglomeration measures, and treatment of outliers.

Keywords: Agglomeration; Productivity; Cultural and creative industries; Cluster; China (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

DOI: 10.1016/j.regsciurbeco.2019.04.002

Access Statistics for this article

Regional Science and Urban Economics is currently edited by D.P McMillen and Y. Zenou

More articles in Regional Science and Urban Economics from Elsevier
Bibliographic data for series maintained by Haili He ().

Page updated 2021-01-06
Handle: RePEc:eee:regeco:v:77:y:2019:i:c:p:141-154