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stochastic nature of the dynamics, even when agglomeration occurs, it is only a metastable state. By giving time and firms … heterogeneity a role, we are bringing the evolutionary approach inside the domain of economic geography. …
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coagglomeration to document heterogeneity across industries in the microfoundations of agglomeration economies. The pattern of …Many prior treatments of agglomeration either explicitly or implicitly suppose that all industries agglomerate for the … approach is the extrapolation of the agglomeration experience of one key sector or cluster to the larger economy. Another is …
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This paper studies how firm heterogeneity in terms of productivity affects the balance between agglomeration and … endogenous markups. It shows that firm heterogeneity matters. However, whether it shifts the balance from agglomeration to … ‘evenness’. Accordingly, the role of firm heterogeneity in selection models of agglomeration can not be fully understood without …
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suggest that agglomeration economies are likely to accommodate heterogeneous firms that co-exist in the same region. …
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stochastic nature of the dynamics, even when agglomeration occurs, it is only a metastable state. By giving time and firms … heterogeneity a role, we are bringing the evolutionary approach inside the domain of economic geography. …
Persistent link: https://www.econbiz.de/10005518677
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