Co-worker Networks and Agglomeration Externalities by Balázs LENGYEL and Rikard H. Eriksson in Economic Geography:
The present article provides an initial systematic analysis of how social networks influence productivity in regional agglomerations. This is accomplished by means of matched employer–employee data for the entire Swedish economy for the period 1990–2008, allowing us to construct a weighted co-worker network with aggregated tie weights on the plant level. We find evidence that increasing density of the plant-level network has a positive effect on productivity, particularly in large regional industry-clusters with high degrees of specialization. Triadic closure of ties is, however, negatively linked to productivity, suggesting the importance of nonredundant knowledge. Moreover, we find only limited support for the notion that the diversity of linkages within or across regions as such is beneficial for productivity. Instead, we show that the degree of specialization conditions the extent to which both linkages to related industries in the region and nonlocal ties are beneficial. Our results thus suggest that having dense social networks is a crucial feature of high-performing agglomerations, and that interindustry, as well as interregional, linkages are compensatory in cases when sufficient industry specialization is absent.
Venue: MTA HTK 1097 Budapest Tóth Kálmán u. 4. fszt. K0.11-12 Célzott K&F adókedvezmény hatása termékpiaci verseny esetén A legtöbb országban az adótörvények lehetőséget biztosítanak a cégek számára, hogy k&f tevékenységükhöz kapcsolódóan adóalap-kedvezményt, és adott esetben ... Details »
Venue: MTA Humán Tudományok Kutatóháza, 1097 Budapest, Tóth Kálmán utca 4. földszinti K11-12. sz. előadóterem Neszveda Gábor (Corvinus) Aspiration Level, Probability of Success, and Stock Returns: An Empirical Test The probability of achieving the aspiration level, i.e., the probability ... Details »
“Zero-rating and Net Neutrality” was presented by Róbert SOMOGYI at the 24th Spring Meeting of Young Economists in Brussels. conference website Share this:FacebookLinkedInTwitter
“Foreign-owned firms as agents of structural change in regions” by Zoltán ELEKES, Ron BOSCHMA and Balázs LENGYEL was published in Regional Studies. download open access version ... Details »
Wage Structure, Employment and Efficiency was presented by Balázs REIZER at the Royal Economic Society 2019 Annual Conference. conference website Abstract: I document new facts ... Details »