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- W4285358690 abstract "This paper quantifies the nature and effects of agglomeration economies on manufacturing firms of Punjab, the largest province of Pakistan. Using firm level cross-section data, this research first explains the extent of agglomeration of manufacturing firms in Punjab by calculating the agglomeration indicators i.e., urbanization and localization. We used the firm’s distance from urban center as a proxy for urbanization. We used spatial autocorrelation as a measure to show the localization of firms. We constructed the translog production function to measure the effects of urbanization and localization on firms’ annual turnover. The overall impact of both agglomeration economies is positive on firms’ turnover. However, the effect of urbanization economies is more prevalent than the effects of localization economies in Punjab. At two-digit sector level, thirteen out of twenty-three sectors showed positive effect of urbanization on firm’s turnover. For localization, ten sectors showed positive on firm’s turnover. The results are consistent with the literature and the existing status of manufacturing sector of Punjab. Keywords: Agglomeration, urbanization, localization, spatial autocorrelation, manufacturing, Punjab." @default.
- W4285358690 created "2022-07-14" @default.
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- W4285358690 date "2021-09-30" @default.
- W4285358690 modified "2023-09-27" @default.
- W4285358690 title "NATURE & EFFECTS OF AGGLOMERATION ECONOMIES ON MANUFACTURING FIRMS IN PUNJAB" @default.
- W4285358690 doi "https://doi.org/10.52567/pjsr.v3i3.405" @default.
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