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Explaining the car industry cluster: the case of U.S. car makers from 1895-1969

Author

Listed:
  • David A. Price
  • Zhu Wang

Abstract

The geographic clustering of companies within an industry is often attributed to several agglomeration economies: intra-industry spillovers (benefits from proximity to firms in the same industry), inter-industry spillovers (benefits from proximity to firms in related industries), and spinoffs (firms established by former employees of a company in the same industry). Analysis of data on the U.S. auto industry in its first 75 years sheds light on the relative importance of those forces to the clustering of car makers

Suggested Citation

  • David A. Price & Zhu Wang, 2012. "Explaining the car industry cluster: the case of U.S. car makers from 1895-1969," Richmond Fed Economic Brief, Federal Reserve Bank of Richmond, issue Oct.
    • Handle: RePEc:fip:fedreb:y:2012:i:oct:n:12-10
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    Cited by:

    1. Jose Esteves & Daniel Alonso-Martínez & Guillermo de Haro, 2021. "Profiling Spanish Prospective Buyers of Electric Vehicles Based on Demographics," Sustainability, MDPI, vol. 13(16), pages 1-22, August.

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