Urbanization Economies and Technology of Production

Authors

Farideh A. Farazmand, Lynn University

Document Type

Conference Proceeding

Publication Date

3-2013

Abstract

This study examines the impact of external economies of urbanization on the elasticity of substitution. The study covers 19 two digit SIC level industries in 47 SMSAs in the United States. The findings show that the elasticity of substitution is significantly related to the urbanization economies in half of the industries. The results confirm the relationship between economic diversity and growth of urban centers and technological innovation.

Publication

Proceedings of The International Academy for Economics and Economic Education

Publisher

Allied Academies

Conference/Symposium

The International Academy for Economics and Economic Education

City/State

New Orleans, LA

Volume

16

Issue

1

Pages

7-11

Department

College of Business and Management

Peer Reviewed

1

Recommended Citation

Farazmand, F. (2013). Urbanization Economies and Technology of Production. Proceedings of The International Academy for Economics and Economic Education 16.1 New Orleans. 27-29 Mar. 2013.