Firms, fires, and firebreaks: The impact of the 1906 San Francisco disaster on business agglomeration
James Siodla ()
Regional Science and Urban Economics, 2021, vol. 88, issue C
Abstract:
Is the spatial distribution of urban business establishments sensitive to large, temporary shocks? This paper studies the impact of the 1906 San Francisco earthquake and fire on the agglomeration of 71 industries in the city. The disaster reset location patterns as firms moved after the destruction of thousands of buildings. Using addresses gathered from city business directories between 1900 and 1930, this study asks whether industry agglomeration in San Francisco was permanently affected by the shock. While firms had dispersed after the disaster, industries largely recovered their previous clustering patterns by 1915. The distribution of firms across city blocks, however, was susceptible to the shock as many industries—particularly in manufacturing—had permanently relocated in the wake of the disaster. Industry clustering is thus resilient to shocks, even if ties to certain areas of a city are not. Together, these outcomes suggest that agglomeration economies and other dynamic forces, more than fixed local characteristics, determine firm locations at a microscale.
Keywords: Agglomeration; Disaster; Firms; Localization; San Francisco (search for similar items in EconPapers)
JEL-codes: N91 R12 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0166046221000193
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: https://EconPapers.repec.org/RePEc:eee:regeco:v:88:y:2021:i:c:s0166046221000193
DOI: 10.1016/j.regsciurbeco.2021.103659
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 Catherine Liu ().