An edition of Entrepreneurship and urban growth (2012)

Entrepreneurship and urban growth

an empirical assessment with historical mines

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Entrepreneurship and urban growth
Edward L. Glaeser
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December 13, 2022 | History
An edition of Entrepreneurship and urban growth (2012)

Entrepreneurship and urban growth

an empirical assessment with historical mines

  • 0 Ratings
  • 0 Want to read
  • 0 Currently reading
  • 0 Have read

Measures of entrepreneurship, such as average establishment size and the prevalence of start-ups, correlate strongly with employment growth across and within metropolitan areas, but the endogeneity of these measures bedevils interpretation. Chinitz (1961) hypothesized that coal mines near Pittsburgh led that city to specialization in industries, like steel, with significant scale economies and that those big firms led to a dearth of entrepreneurial human capital across several generations. We test this idea by looking at the spatial location of past mines across the United States: proximity to historical mining deposits is associated with bigger firms and fewer start-ups in the middle of the 20th century. We use mines as an instrument for our entrepreneurship measures and find a persistent link between entrepreneurship and city employment growth; this connection works primarily through lower employment growth of start-ups in cities that are closer to mines. These effects hold in cold and warm regions alike and in industries that are not directly related to mining, such as trade, finance and services. We use quantile instrumental variable regression techniques and identify mostly homogeneous effects throughout the conditional city growth distribution.

Publish Date
Language
English
Pages
34

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Book Details


Edition Notes

"August 2012" -- Publisher's website.

Includes bibliographical references.

Published in
[Boston]
Series
Working paper / Harvard Business School -- 13-015, Working paper (Harvard Business School) -- 13-015.

The Physical Object

Pagination
34, [31] p.
Number of pages
34

ID Numbers

Open Library
OL43973485M
OCLC/WorldCat
808840459

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