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Location, technical change and labour migration in a heterogeneous industry
Firms react to changing labour- and output-market characteristics. Reactions are constrained by the technical capabilities and capital assests of individual firms, and by locational inertia based on the longevity of fixed capital stock. The overall system evolves as a result of factor-market respons...
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Published in: | Regional studies 1988-12, Vol.22 (Dec 88), p.515-529 |
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Main Authors: | , |
Format: | Article |
Language: | English |
Subjects: | |
Online Access: | Get full text |
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Summary: | Firms react to changing labour- and output-market characteristics. Reactions are constrained by the technical capabilities and capital assests of individual firms, and by locational inertia based on the longevity of fixed capital stock. The overall system evolves as a result of factor-market response and the convergence of firm characteristics on a limited number of viable types. (Abstract amended) |
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ISSN: | 0034-3404 |