The Role of Human Capital Investments in the Location Decision of Firms, Regional Science and Urban Economics
We explore the role of human capital investments in the location decisions of firms. We show that whether human capital investments act as a force for or against concentration depends on who is undertaking them and whether they are industry- or firm-specific. We also discuss the empirical predictions of our theoretical analysis.
Niko Matouschek, Frederic Robert-Nicoud
Matouschek, Niko, and Frederic Robert-Nicoud. 2005. The Role of Human Capital Investments in the Location Decision of Firms. Regional Science and Urban Economics. 35(5): 570-583.