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Although there is growing evidence on the role of agglomeration economies in the formation and growth of firms, both … the concepts of agglomeration economies and entrepreneurship tend to be ambiguously defined and measured in the literature …. In this study, we aim to improve the conceptualisations and measures of agglomeration economies and entrepreneurship …
Persistent link: https://www.econbiz.de/10005865017
diversification of capital agglomeration of capital occurs. Hence, regional policy will not achieve its objective to equal the spatial …
Persistent link: https://www.econbiz.de/10010296826
upon the firms' risk preferences. As a result regional agglomeration of investments may occur although the objective of the … ; regional policy ; agglomeration ; two-moment decision model …
Persistent link: https://www.econbiz.de/10009512741
upon the firms' risk preferences. As a result regional agglomeration of investments may occur although the objective of the …
Persistent link: https://www.econbiz.de/10010308305
agglomeration. The analysis shows a clear and strong selection of more productive new establishments into larger regions, regardless … show higher productivity levels as compared to those located in smaller regions, the role of an agglomeration is very … first time period, but start-ups suffer negative agglomeration effects over time. …
Persistent link: https://www.econbiz.de/10012629047
terms of productivity than non-traders when agglomeration rises. Firms that are stable participants of international trade … gain 16 % in terms of total factor productivity growth as agglomeration doubles while non-traders may not benefit from … agglomeration at all. Results also suggest that traders' productivity premium is most apparent in urbanised economies. …
Persistent link: https://www.econbiz.de/10010494418
We estimate a model of urban productivity in which the agglomeration effect of density is enhanced by a metropolitan …
Persistent link: https://www.econbiz.de/10010287097
. -- urban density premium ; dynamic agglomeration economies ; establishment entry and exit …
Persistent link: https://www.econbiz.de/10009729011
We use longitudinal micro data to estimate the urban density premium for U.S. establishments, controlling for observed establishment characteristics and dynamic establishment behavior. We find that a doubling of urban density increases the average earnings of establishments by between 6 and 10...
Persistent link: https://www.econbiz.de/10013064339
account for any of the estimated density premium. We interpret our results as implying that the returns to agglomeration …
Persistent link: https://www.econbiz.de/10013027142