Why do businesses grow faster in urban areas than in rural areas?
We document that growth of business earnings is mostly observed among young firmsin metro areas. Three explanations are considered: metro areas attract more-productiveentrepreneurs, and reaching the optimal size takes time due to borrowing constraints;metro areas provide better learning opportunities...
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Main Authors: | LEE, Jungho, XU, Jianhuan |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2020
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Online Access: | https://ink.library.smu.edu.sg/soe_research/2027 https://ink.library.smu.edu.sg/context/soe_research/article/3026/viewcontent/region_firm_growth.pdf |
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Institution: | Singapore Management University |
Language: | English |
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