We study localization, urbanization and Jacobs’ externality effects on plant survival in (1970–2004). We focus on two questions: (i) do agglomeration externalities with the age of plants? and (ii) what is the role of technological relatedness local industries? We find that agglomeration externalities affect survival chances plants. This effect, however, differs between corporate and non-affiliated plants. , we find that Jacobs’ externalities benefit only young plants, whereas externalities harm plants at all ages. Localization externalities are insignificant, the local presence of technologically related industries substantially survival rates of plants.
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Neffke et al. (2011) studied this question.
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