The effect of regulation on a dominant firm to protect fringe firms in a local market -- Corporate taxation and regional economic development in Japan: A panel analysis of prefectural-level data -- Economies of scale and culmulative causation -- Firms' human resource management for local economy...

We investigate the interplay between firms' R&D decisions and labor market competition, and how this influences equilibrium location choices and welfare. Firms engage in risky R&D activities and thus create stochastic product and implied labor demand. Spatial agglomeration is more likely in...