search query: @indexterm economic conditions / total: 1703
reference: 329 / 1703
| Author: | Holmes, J. |
| Title: | How industries migrate when agglomeration economies are important |
| Journal: | Journal of Urban Economics
1999 : MAR, VOL. 45:2, p. 240-263 |
| Index terms: | INDUSTRIES MIGRATION ECONOMIC CONDITIONS |
| Language: | eng |
| Abstract: | The economics of QWERTY suggests that historical accidents can trap economies in insufficient equilibria. This paper suggests that such accidents do not have the force that proponents claim. The paper presents a mechanism that may unravel a locational advantage caused by an historical accident. In the model, there are agglomeration benefits from concentrating industry in a particular location because it enables a large variety of local suppliers to emerge. |
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