Dumais, Guy; Ellison, Glenn; Glaeser, Edward L. - In: The Review of Economics and Statistics 84 (2002) 2, pp. 193-204
This paper uses data from the Census Bureau's Longitudinal Research Database to describe the dynamics of geographic concentration in U.S. manufacturing industries. Agglomeration results from a combination of the mean reversion and randomness in the growth of state-industry employment. Although...