Business Environment, Economic Agglomeration and Job Creation around the World

This article looks at how economic agglomeration and the business environment affect job creation. The results suggest that economic agglomeration is strongly linked to job growth. Modern telecommunications, access to export markets, concentration of economic activity in large cities and capacity agglomeration, in particular, are important. In contrast, many areas of the business environment, including corruption, macroeconomic stability and infrastructure are not robustly linked to job growth. The main exception to this is that areas of the business environment directly related to labour markets are more consistently linked to job growth than other areas of the business environment.

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Bibliographic Details
Main Authors: Clarke, George, Li, Yue, Xu, Lixin Colin
Format: Journal Article biblioteca
Language:en_US
Published: Taylor and Francis 2016-01-30
Subjects:job creation, business environment, agglomeration, firms,
Online Access:http://hdl.handle.net/10986/24182
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Description
Summary:This article looks at how economic agglomeration and the business environment affect job creation. The results suggest that economic agglomeration is strongly linked to job growth. Modern telecommunications, access to export markets, concentration of economic activity in large cities and capacity agglomeration, in particular, are important. In contrast, many areas of the business environment, including corruption, macroeconomic stability and infrastructure are not robustly linked to job growth. The main exception to this is that areas of the business environment directly related to labour markets are more consistently linked to job growth than other areas of the business environment.