Understanding heterogeneous spatial production externalities as a missing link between land-use planning and urban economic futures
Haozhi Pan,
Tianren Yang,
Ying Jin,
Sandy Dall’Erba and
Geoffrey Hewings
Authors registered in the RePEc Author Service: Sandy Dall'erba ()
Regional Studies, 2021, vol. 55, issue 1, 90-100
Abstract:
Land-use planning influences economic performance as it can intervene with location-specific and heterogeneous production externalities. This paper examines the impacts of heterogeneous externalities on local employment growth using a panel model framework with block-level land-use data inventory for Chicago. Cross-industry spillovers provide positive impacts on growth, but the mechanisms behind them differ across sectors and spatial scales. Improved understanding of heterogeneity in agglomeration economies can better support plan-making and urban economic performance. The results show significant and positive influence of cross-industry spillovers, a missing consideration in existing planning processes.
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:taf:regstd:v:55:y:2021:i:1:p:90-100
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DOI: 10.1080/00343404.2019.1701186
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