This paper examines the role that human capital plays in firm's strategic decisions. It focuses on long-distance corporate relocations which present certain trade-offs in terms of human capital and modifies firms' relationship with the labour force. It is assessed to what extent having (an...

Background and motivation: The paper investigates what effects the colocation of growing and declining sectors has on the hiring behaviour of growing sectors in terms of labour pooling and employment growth. Given the importance of geographical proximity in labour matches, the agglomeration...