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Urban Vibrancy and Corporate Growth

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NBER2014-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w20350
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We find that a firm's investment is highly sensitive to the investments of other firms headquartered nearby, even those in very different industries. It also responds to fluctuations in the cash flows and stock prices (q) of local firms outside its sector. These patterns do not appear to reflect
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2014-07-01
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