《Empirical Analysis of Relationship between High-Tech Industries and US Metropolitan Statistical Areas》

打印
作者
Seungil Yum
来源
JOURNAL OF URBAN PLANNING AND DEVELOPMENT,Vol.145,Issue4
语言
英文
关键字
作者单位
Dept. of Design, Construction, and Planning, Univ. of Florida, Gainesville, FL 32611. Email: [email protected]
摘要
This study highlights the spatial patterns of high-tech clusters and the effects of high-technology (“high-tech”) industries on the urban economy in US Metropolitan Statistical Areas (MSAs) by employing a new Cluster Quotient index (CQ) and Seemingly Unrelated Regression model (SUR). The study finds that San Jose, CA and Washington, DC are the high-tech centers in the United States, and MSAs in California and Colorado play an important role in high-tech industries. After running the SUR model, the elasticity of the gross domestic product (GDP) is 0.15% for high-tech industries, and an increase of 1% of high-tech industries generates an increase of 0.29% in GDP at the 0.01 significance level. The findings of this article highlight that high-tech industries and the GDP interact with each other and have a positive two-way relationship. The results in this paper allow urban planners to develop policies to increase the number or proportion of high-tech industries for the economic growth of US MSAs.