NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Consumer Mobility and the Local Structure of Consumption Industries

Sumit Agarwal, J. Bradford Jensen, Ferdinando Monte

NBER Working Paper No. 23616
Issued in July 2017, Revised in January 2020

---- Acknowledgments ----

A previous version of this paper circulated with the title “The Geography of Consumption”. We would like to thank David Atkin, Andrew Bernard, Victor Couture, Jonathan Dingel, Colin Hottman, Nate Miller, Steve Redding, Andrés Rodriguez-Clare, Esteban Rossi-Hansberg, Tony Yezer, and seminar participants at Columbia, Harvard-MIT, National University of Singapore, NBER, Philadelphia and Richmond FED, Singapore Management University, Southern Methodist University and University of Virginia for helpful comments and discussions. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

---- Disclosure of Financial Relationships for J. Bradford Jensen ----

I receive approximately $15,000 from the University of Basel for teaching in 2017.

I am a non-resident senior fellow at the Peterson Institute for International Economics. I am sometimes paid for research I contribute to Peterson Institute programs.

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