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I don't know, this just seems like a sectoral analysis among o&g? We have pretty strong evidence that density leads to higher productivity, I'd be keen to see i
by JackYoustra 1y ago
I don't know, this just seems like a sectoral analysis among o&g? We have pretty strong evidence that density leads to higher productivity, I'd be keen to see it replicated more broadly (one such study of many: https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr440.pdf https://www.newyorkfed.org/medialibrary/media/research/staff...).
- RetiredRichard 1y agoIt uses Oil & Gas shocks, rather than a sectoral analysis among o&g. I think it is because big firms are in big cities, who seem to be able to handle shocks better than other companies in other cities