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https://doi.org/10.1016/j.regsciurbeco.2011.07.003
| Title: | Industrial agglomeration and firm size: Evidence from China | Authors: | Li, D. Lu, Y. Wu, M. |
Keywords: | Firm size Industrial agglomeration Localization economies Urbanization economies |
Issue Date: | Jan-2012 | Citation: | Li, D., Lu, Y., Wu, M. (2012-01). Industrial agglomeration and firm size: Evidence from China. Regional Science and Urban Economics 42 (1-2) : 135-143. ScholarBank@NUS Repository. https://doi.org/10.1016/j.regsciurbeco.2011.07.003 | Abstract: | This paper, by using annual surveys of manufacturing firms from 1998 to 2005 in China, first documents a positive correlation between industrial agglomeration and firm size, which is previously found in developed economies. Next, by using the instrumental variable estimations, we identify that industrial agglomeration has a positive and statistically significant causal impact on firm size. Finally, we find that firms are more likely to become larger by locating with a number of larger firms than with a larger number of firms. © 2011 Elsevier B.V. | Source Title: | Regional Science and Urban Economics | URI: | http://scholarbank.nus.edu.sg/handle/10635/124305 | ISSN: | 01660462 | DOI: | 10.1016/j.regsciurbeco.2011.07.003 |
| Appears in Collections: | Staff Publications |
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