Hayakawa, Kazunobu; Kimura, Fukunari; Matsuura, Toshiyuki - Institute of Economic Research, Hitotsubashi University - 2009
empirically, employing the conceptual framework of fragmentation theory and its extensions. However, the benefits of production … fragmentation at the firm level, particularly benefits deriving from different location advantages, have never been directly … benefits of fragmentation. Specifically, using Japanese firm-level data, we find that the larger the gap in the capital …