Does History Matter Only When it Matters Little? The Case of City-Indu try Location
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https://www.nber.org/papers/w4312
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资源简介：
When will an industry subject to agglomeration economies move from an old, high-cost site to a new, low-cost site? It is argued that history, in the form of sunk costs resulting from the operation of many firms at a site, creates a first-mover disadvantage that can prevent relocation. It is
提供机构：
美国国家经济研究局
创建时间：
1993-04-01
