Kuchiki, Akifumi - In: Economies : open access journal 11 (2023) 12, pp. 1-22
This paper identifies the importance of reducing fixed costs for establishing industrial zones as part of an … fixed costs. The main accelerator of agglomeration after the master switch is the formation of segments that reduce firms …' fixed costs. Via a factor analysis of manufacturing agglomeration segments in sequencing economics, this paper finds that …