10.6084/m9.figshare.3689073.v1 Frank Asche Frank Asche Kristin H. Roll Kristin H. Roll Ragnar Tveteras Ragnar Tveteras Profiting from Agglomeration? Evidence from the Salmon Aquaculture Industry Taylor & Francis Group 2016 Agglomeration Externalities Profit Translog Salmon Aquaculture 聚集 外部性 利润 超越对数 鲑鱼 水产业 Agglomération Effets externes Saumon Externalitäten Gewinn Lachs Aquakultur Aglomeración Externalidades Beneficios Salmón Acuicultura C33 Q12 Q22 R12 2016-08-19 09:44:50 Journal contribution https://tandf.figshare.com/articles/journal_contribution/Profiting_from_Agglomeration_Evidence_from_the_Salmon_Aquaculture_Industry/3689073 <p>Asche F., Roll K. H. and Tveteras R. Profiting from agglomeration? Evidence from the salmon aquaculture industry, <i>Regional Studies</i>. Even though most celebrated clusters seem to be in high-cost areas, many econometric studies represent agglomeration externalities as increased primal productivity or reduced cost. While this certainly can be consistent with some observed agglomeration effects, it may be insufficient for the growth of a cluster. The key condition for this is that profitability is higher. The paper tests for agglomeration effects using a profit function approach. This may be particularly important for firms in high-cost clusters, where revenue effects can be as important as productivity and cost effects. The paper tests for both intra- and inter-industry agglomeration externalities using firm-level data.</p>