NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Diverging Trends in National and Local Concentration

Esteban Rossi-Hansberg, Pierre-Daniel Sarte, Nicholas Trachter

NBER Working Paper No. 25066
Issued in September 2018

---- Acknowledgments ----

The views expressed herein are those of the authors and do not necessarily represent the views of the Federal Reserve Bank of Richmond, the Federal Reserve System, or the National Bureau of Economic Research. We thank Eric LaRose and Sara Ho for outstanding research assistance.

---- Disclosure of Financial Relationships for Esteban Rossi-Hansberg ----

Rossi-Hansberg was a long-term consultant at the Richmond Fed while writing parts of this paper. This relationship did not affect the research or conclusions presented in the paper.

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