Proximity and economic activity: An analysis of vendor-university transactions

Nathan Goldschlag, Julia Ingrid Lane, Bruce A. Weinberg, Nikolas Zolas

Research output: Contribution to journalArticle

Abstract

This paper uses transaction-based data to provide new insights into the link between the geographic proximity of businesses and associated economic activity. It develops two new measures of, and a set of stylized facts about, the distances between observed transactions between customers and vendors for a research intensive sector. Spending on research inputs is more likely with businesses physically closer to universities than those further away. Firms supplying a university project in one year are more likely to subsequently open an establishment near that university. Vendors who have supplied a project, are subsequently more likely to be a vendor on the same or related project.

Original languageEnglish (US)
Pages (from-to)163-182
Number of pages20
JournalJournal of Regional Science
Volume59
Issue number1
DOIs
StatePublished - Jan 1 2019

Fingerprint

economic activity
transaction
university
economics
customer
firm
project
analysis

Keywords

  • geographic research clusters
  • regional economic activity
  • transaction data
  • UMETRICS

ASJC Scopus subject areas

  • Development
  • Environmental Science (miscellaneous)

Cite this

Proximity and economic activity : An analysis of vendor-university transactions. / Goldschlag, Nathan; Lane, Julia Ingrid; Weinberg, Bruce A.; Zolas, Nikolas.

In: Journal of Regional Science, Vol. 59, No. 1, 01.01.2019, p. 163-182.

Research output: Contribution to journalArticle

Goldschlag, Nathan ; Lane, Julia Ingrid ; Weinberg, Bruce A. ; Zolas, Nikolas. / Proximity and economic activity : An analysis of vendor-university transactions. In: Journal of Regional Science. 2019 ; Vol. 59, No. 1. pp. 163-182.
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