G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w8862
来源IDWorking Paper 8862
Technology, Agglomeration, and Regional Competition for Investment
Bruce A. Blonigen; Van Kolpin
发表日期2002-03-28
出版年2002
语种英语
摘要The active 'courting' of firms by municipalities, regions, and even nations has a long-standing history and the competition for firm location through a wide variety of incentives seems to have escalated to new heights in recent years. We develop a model that explores technology development by firms that face regional competition for their investment and examine the endogenous determination of regions' policies, firm technology, and agglomeration externalities. In particular, we find that regional competition leads firms to inefficiently distort their research and development efforts in hopes of improving their standing in the competition amongst regions for their investment. This loss in efficiency is aggravated by the agglomeration externalities that are inherently present in many industries. We offer several case studies that provide evidence consistent with our theoretical conclusions.
主题Subnational Fiscal Issues ; Industrial Organization ; Firm Behavior
URLhttps://www.nber.org/papers/w8862
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/566469
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Bruce A. Blonigen,Van Kolpin. Technology, Agglomeration, and Regional Competition for Investment. 2002.
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