Measuring Agglomeration Forces in a Financial Center

Bourgain, Arnaud; Pieretti, Patrice

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Measuring Agglomeration Forces in a Financial Center

Bourgain, Arnaud; Pieretti, Patrice

2006 • In Economics Bulletin, 18 (3), p. 1-9

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Keywords :

Financial cluster; external economies; Luxembourg financial center

Abstract :

[en] Basing on Scitovsky’s (1954) definition of external economies and applying the method of Caballero and Lyons (1990) to macro data of Luxembourg services industry, we find significant agglomeration forces between financial intermediaries (downstream industry) on the one hand and business services and computer industry (upstream industries) on the other.

Disciplines :

Special economic topics (health, labor, transportation...)

Identifiers :

UNILU:UL-ARTICLE-2008-972

Author, co-author :

Bourgain, Arnaud ; University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA)

Pieretti, Patrice ; University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA)

Language :

English

Title :

Measuring Agglomeration Forces in a Financial Center

Publication date :

12 June 2006

Journal title :

Economics Bulletin

ISSN :

1545-2921

Publisher :

Economics Bulletin

Volume :

Issue :

Pages :

1-9

Peer reviewed :

Peer Reviewed verified by ORBi

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since 14 September 2013

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