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	Provedor de dados AgEcon (1) Autor Stahl, Konrad (1) Walz, Uwe (1) Palavra-chave Imperfect competition (1) Industrial Organization (1) Industry structure (1) J4 (1) L1 (1) Labor and Human Capital (1) Local labor market (1) Product market shocks (1) R3 (1) Mais... Tipo do documento Working or Discussion Paper (1) Ano 2001 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última Will There Be a Concentration of Alikes? The Impact of Labor Market Structure on Industry Mix in the Presence of Product Market Shocks AgEcon Stahl, Konrad; Walz, Uwe. We analyze determinants of regional industry mix and focus especially on the influence of labor market characteristics. By combining a labor market pooling argument with an argument involving the cost of switching a worker from one firm to another, we show that in the presence of product market shocks there exists an interesting trade-off for the concentration of firms of the same industry in one region. Firms belonging to different industries are hedged against industry-specific shocks if they settle in the same region, but face higher switching costs (retraining costs for workers moving from one firm to another). In addition, with a given supply of labor there is an additional rationing effect affecting the location decisions of firms. Against the... Tipo: Working or Discussion Paper Palavras-chave: Local labor market; Product market shocks; Industry structure; Imperfect competition; Industrial Organization; Labor and Human Capital; J4; L1; R3. Ano: 2001 URL: http://purl.umn.edu/26362 Registros recuperados: 1 Primeira ... 1 ... Última

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