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来源类型Working Paper
规范类型报告
DOI10.3386/w27303
来源IDWorking Paper 27303
Plants in Space
Ezra Oberfield; Esteban Rossi-Hansberg; Pierre-Daniel Sarte; Nicholas Trachter
发表日期2020-06-08
出版年2020
语种英语
摘要We study the number, size, and location of a firm's plants. The firm's decision balances the benefit of delivering goods and services to customers using multiple plants with the cost of setting up and managing these plants, and the potential for cannibalization that arises as their number increases. Modeling the decisions of heterogeneous firms in an economy with a vast number of widely distinct locations is complex because it involves a large combinatorial problem. Using insights from discrete geometry, we study a tractable limit case of this problem in which these forces operate at a local level. Our analysis delivers clear predictions on sorting across space. Productive firms place more plants in dense locations that exhibit high rents compared with less productive firms, and place fewer plants in markets with low density and low rents. Controlling for the number of plants, productive firms also operate larger plants than those operated by less productive firms in locations where both are present. We present evidence consistent with these and several other predictions using U.S. establishment-level panel data.
主题Microeconomics ; Households and Firms ; Industrial Organization ; Firm Behavior ; Regional and Urban Economics ; Real Estate
URLhttps://www.nber.org/papers/w27303
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/584975
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GB/T 7714
Ezra Oberfield,Esteban Rossi-Hansberg,Pierre-Daniel Sarte,et al. Plants in Space. 2020.
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