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Agglomeration Economies and the Location of Foreign Direct Investment: Empirical Evidence from Romania

✍ Scribed by Hilber, Christian A. L.; Voicu, Ioan

Book ID
126909604
Publisher
Taylor and Francis Group
Year
2009
Tongue
English
Weight
249 KB
Volume
44
Category
Article
ISSN
0034-3404

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An overlooked aspect of agglomeration economies, which are positive externalities that stem from the geographic clustering of industry, is that firms contribute to the externality in addition to benefiting from the externality. This insight suggests that if firms are heterogeneous they will differ i