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More Similar Firms - More Similar Regions?
Maximilian von Ehrlich
Tobias Seidel
其他書名
On the Role of Firm Heterogeneity for Agglomeration
出版
Univ., Center for Economic Studies
, 2012
URL
http://books.google.com.hk/books?id=WZBymAEACAAJ&hl=&source=gbs_api
註釋
In contrast to what several papers have argued recently, we show that firm heterogeneity fosters agglomeration of economic activity. If firms are more similar with respect to their total factor productivity, each company faces a lower propensity to export. This renders the home market more important speaking against agglomeration. We also relate changes in firm heterogeneity to technological progress which allows us to derive novel insights on the role of technology for the location of economic activity.