Individuals reveal their preferences for alternative locations as they 'vote with their feet'. Persistent positive net migration indicates that on net, individuals expect their well-being, based on both economic and non-economic factors, to be greater in the destination region compared with the...

This paper investigates the relationship between market potential and the spatial variation in the number and the average size of firms. We adapt the canonical model of the New Economic Geography to demonstrate this relationship and to derive an empirical specification suitable for estimation...