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Assessing foreign direct investment relationships between China, Japan, and the United States

✍ Scribed by Theresa M. Greaney; Yao Li

Book ID
113470273
Publisher
Elsevier Science
Year
2009
Tongue
English
Weight
211 KB
Volume
20
Category
Article
ISSN
1049-0078

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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