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cluster together, turning location into a self-reinforcing process. Agglomeration raises the price of immobile local factors …
Persistent link: https://www.econbiz.de/10005662027
This paper describes the spread of industry from country to country as a region grows. All industrial sectors are initially agglomerated in one country, tied together by input-output links between firms. Growth expands industry more than other sectors, bidding up wages in the country in which...
Persistent link: https://www.econbiz.de/10005662334
the agglomeration of increasing returns activities. When workers migrate towards locations with more firms and higher real … wages, this intensifies agglomeration. When workers do not move across regions, further reductions in transport costs make …
Persistent link: https://www.econbiz.de/10005666674
organizes itself into industrial and agricultural zones because of the tension between forces of agglomeration and …
Persistent link: https://www.econbiz.de/10005789175
income are supported by the agglomeration of industry in a subset of countries. Economic development may not be a gradual …
Persistent link: https://www.econbiz.de/10005656413