Nathan, M;
(2019)
Does Light Touch Cluster Policy Work? Evaluating the Tech City Programme.
(CEP Discussion Paper
1648).
Centre for Economic Performance, the London School of Economics and Political Science: London, UK.
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Abstract
Despite academic scepticism, cluster policies remain popular with policymakers. This paper evaluates the causal impact of a flagship UK technology cluster programme. I build a simple framework and identify effects using difference-in-differences and synthetic controls on rich microdata. I further test for timing, cross-space variation, scaling and churn channels. The policy grew and densified the cluster, but has had more mixed effects on tech firm productivity. I also find most policy ‘effects’ began before rollout, raising questions about the programme’s added value.
| Type: | Working / discussion paper |
|---|---|
| Title: | Does Light Touch Cluster Policy Work? Evaluating the Tech City Programme |
| Open access status: | An open access version is available from UCL Discovery |
| Publisher version: | http://cep.lse.ac.uk/pubs/download/dp1648.pdf |
| Language: | English |
| Additional information: | This version is the version of record. For information on re-use, please refer to the publisher’s terms and conditions. |
| Keywords: | cities, clusters, economic development, synthetic controls |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > Centre for Advanced Spatial Analysis |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10084214 |
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