Discussion paper

DP3875 The Role of Human Capital Investments in the Location Decisions of Firms

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.

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Citation

Matouschek, N and F Robert-Nicoud (eds) (2003), “DP3875 The Role of Human Capital Investments in the Location Decisions of Firms”, CEPR Press Discussion Paper No. 3875. https://cepr.org/publications/dp3875