The impact of labor markets on emergence and persistence of regional asymmetries

Pierre M. Picard; Eric Toulemonde

This paper investigates the impact of labor markets and economies of agglomeration on firms location. We show that the existence of a lower bound on wage (e.g. a minimum wage or a reservation wage) introduces asymmetric location of firms. Moreover, changes in that lower bound or in global product demand may induce irreversible changes in location equilibria. Asymmetries in firms location may thus emerge and persist.

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Year of publication:	2001
Authors:	Picard, Pierre M. ; Toulemonde, Eric
Publisher:	Bonn : Institute for the Study of Labor (IZA)
Subject:	Firms location \| persistence \| wages \| Standorttheorie \| Location theory \| Agglomerationseffekt \| Agglomeration effect \| Regionaler Arbeitsmarkt \| Regional labour market \| Arbeitsmarktflexibilität \| Labour market flexibility \| Mindestlohn \| Minimum wage \| Regionales Cluster \| Regional cluster \| Räumliche Verteilung \| Spatial distribution \| Theorie \| Theory

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Extent:	Online-Ressource ([2], 24 S.) graph. Darst.
Series:	Discussion paper series / IZA. - Bonn : IZA, ZDB-ID 2120053-1. - Vol. 248
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Notes:	Systemvoraussetzungen: PDF-Reader
Other identifiers:	hdl:10419/21097 [Handle]
Classification:	J23 - Employment Determination; Job Creation; Demand for Labor; Self-Employment ; R30 - Real Estate Markets, Spatial Production Analysis, and Firm Location. General
Source:	ECONIS - Online Catalogue of the ZBW

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