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Patrice Pieretti and Arnaud Bourgain
''Measuring Agglomeration Forces in a Financial Center''
( 2006, Vol. 18 No.3 )
Basing on Scitovsky's (1954) definition of external economies and applying the method of Caballero and Lyons (1990) to macro data of Luxembourg services industry, we find significant agglomeration forces between financial intermediaries (downstream industry) on the one hand and business services and computer industry (upstream industries) on the other.
JEL: R1 - General Regional Economics (includes Regional Data)
L8 - Industry Studies: Services: General
Manuscript Received : Jun 12 2006 Manuscript Accepted : Jul 01 2006

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