Taking the early U.S. automobile industry as an example, we evaluate four competing hypotheses on regional industry agglomeration: intra-industry local externalities, inter-industry local externalities, employee spinouts, and location fixed-effects. Our findings suggest that inter-industry...

The aim of this article is to study the evolution of the productive structure of the five Brazilian macro regions in the years 1985 and 1995 by means of interregional input-output tables estimated from the national tables published by IBGE. The results showed key-sectors in the five studied...

This paper develops a two-region model of firm migration where moving is costly and firms have market power. In this setting, the decentralized equilibrium generates excessive inertia in firm movement relative to the 'first best' solution. Because the decentralized solution is inefficient, the...