TY  - BOOK
AU  - Davis,Donald R.
AU  - Weinstein,David E.
ED  - National Bureau of Economic Research.
TI  - Market Size, Linkages, and Productivity: A Study of Japanese Regions 
T2  - NBER working paper series
PY  - 2001///
CY  - Cambridge, Mass.
PB  - National Bureau of Economic Research
N1  - October 2001; Hardcopy version available to institutional subscribers
N2  - One account of spatial concentration focuses on productivity advantages arising from market size. We investigate this for forty regions of Japan. Our results identify important effects of a region's own size, as well as cost linkages between producers and suppliers of inputs. Productivity links to a more general form of 'market potential' or Marshall-Arrow-Romer externalities do not appear to be robust in our data. Landlocked status does not matter for productivity of regions in Japan. The effects we identify are economically quite important, accounting for a substantial portion of cross-regional productivity differences. A simple counterfactual shows that if economic activity were spread evenly over the forty regions of Japan, aggregate output would fall by nearly twenty percent
UR  - https://www.nber.org/papers/w8518
UR  - http://dx.doi.org/10.3386/w8518
ER  -