G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5328
DP5328 Extending Choice In English Health Care: The implications of the economic evidence
Simon Burgess; Carol Propper; Deborah Wilson
发表日期2005-11-10
出版年2005
语种英语
摘要We investigate firms' incentives to locate in the same region to gain access to a large pool of skilled labour. Firms engage in risky R&D activities and thus create stochastic product and implied labour demand. Agglomeration in a cluster is more likely in situations where the innovation step is large and the probability for a firm to be the only innovator is high. When firms cluster, they tend to invest more and take more risk in R&D compared to spatially dispersed firms. Agglomeration is welfare-maximizing, because expected labour productivity is higher and firms choose a more efficient, technically diversified portfolio of R&D projects at the industry level.
主题Industrial Organization ; International Trade and Regional Economics
关键词Agglomeration Labour pooling R&d
URLhttps://cepr.org/publications/dp5328
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/534209
推荐引用方式
GB/T 7714
Simon Burgess,Carol Propper,Deborah Wilson. DP5328 Extending Choice In English Health Care: The implications of the economic evidence. 2005.
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