Labor Pooling as a Source of Industrial Agglomeration―The Case of the Japanese Manufacturing Industries―

• Nakajima Kentaro

• Okazaki Tetsuji

Bibliographic Information

Other Title

• 産業集積と労働市場―労働プーリングを通じた集積効果―
• サンギョウ シュウセキ ト ロウドウ シジョウ : ロウドウ プーリング オ ツウジタ シュウセキ コウカ

Abstract

This paper empirically investigates the role of labor pooling in the agglomeration of manufacturing industries. Theoretically, it is shown that agglomeration of workers positively affects firms' profits by assuring smooth employment adjustment when they are faced with idiosyncratic shocks. Hence, it is expected that there is positive association between the extents of agglomeration of industries and the magnitudes of idiosyncratic shocks. In this paper, we make the index of labor pooling by calculating the volatility of each industry's employment, and investigate the relationship between this index and the agglomeration index. Positive correlation is found, and it is robust even controlling for other agglomeration sources.

Journal

• 経済研究

  経済研究 63 (3), 227-235, 2012-07-25

  岩波書店

Details

• CRID: 1390290699845210624
• NII Article ID: 120005473158
• NII Book ID: AN00070761
• DOI: 10.15057/25862
• HANDLE: 10086/25862
• NDL BIB ID: 024774848
• ISSN: 00229733
• Web Site: https://ndlsearch.ndl.go.jp/books/R000000004-I024774848
• Text Lang: ja
• Data Source:
  • JaLC
  • IRDB
  • NDL
  • CiNii Articles
  • KAKEN
• Abstract License Flag: Allowed