Agglomeration economies
URL: https://wesr-staging.azurewebsites.net/glossary/ajax/ajax.searchalloccurance.php?q=284
The benefits that come when firms and people locate near one another together in cities and industrial clusters. These benefits all ultimately come from transport costs savings: the only real difference between a nearby fi rm and one across the continent is that it is easier to connect with a neighbor.
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| Data last updated | November 9, 2022 |
| Metadata last updated | January 26, 2023 |
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