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Firm heterogeneity, exporting and foreign direct investment

✍ Scribed by David Greenaway; Richard Kneller


Book ID
111055903
Publisher
John Wiley and Sons
Year
2007
Tongue
English
Weight
199 KB
Volume
117
Category
Article
ISSN
0013-0133

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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