upon the firms' risk preferences. As a result regional agglomeration of investments may occur although the objective of the …

terms of productivity than non-traders when agglomeration rises. Firms that are stable participants of international trade … gain 16 % in terms of total factor productivity growth as agglomeration doubles while non-traders may not benefit from … agglomeration at all. Results also suggest that traders' productivity premium is most apparent in urbanised economies. …

Economic research on industry location and agglomeration has focused nearly exclusively on manufacturing. This paper … traditional measures of knowledge spillovers, natural resource inputs, and labor pooling explain little of agglomeration in … services industries, this paper takes an alternative approach and looks at co-agglomeration to assess why industries cluster …

terms of productivity than non-traders when agglomeration rises. Firms that are stable participants of international trade … gain 16 % in terms of total factor productivity growth as agglomeration doubles while non-traders may not benefit from … agglomeration at all. Results also suggest that traders' productivity premium is most apparent in urbanised economies …

agglomeration economies. Regional public research activities mayexert another attracting force on entrants into science … paper begins to disentangle the effects of agglomeration, public research, andthe supply of capable entrants for the German …

This paper focuses on two aspects being neglected in the analysis of agglomeration tendencies so far. First, it regards … regional agglomeration patterns and secondly, the allocation of capital across industrial sectors. Indeed, the average relative …