G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w20350
来源IDWorking Paper 20350
Urban Vibrancy and Corporate Growth
Casey Dougal; Christopher A. Parsons; Sheridan Titman
发表日期2014-07-31
出版年2014
语种英语
摘要We find that a firm's investment is highly sensitive to the investments of other firms headquartered nearby, even those in very different industries. It also responds to fluctuations in the cash flows and stock prices (q) of local firms outside its sector. These patterns do not appear to reflect exogenous area shocks such as local shocks to labor or real estate values, but rather suggest that local agglomeration economies are important determinants of firm investment and growth.
主题Financial Economics ; Corporate Finance ; Regional and Urban Economics ; Regional Economics
URLhttps://www.nber.org/papers/w20350
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/578023
推荐引用方式
GB/T 7714
Casey Dougal,Christopher A. Parsons,Sheridan Titman. Urban Vibrancy and Corporate Growth. 2014.
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