CHANGES IN THE LOCATION OF EMPLOYMENT AND OWNERSHIP: EVIDENCE FROM CALIFORNIA*
利用全国企业时间序列数据库,研究了加州企业就业和所有权的地理分散趋势,发现加州企业向外州转移,但被外州企业在加州的扩张所抵消,导致加州就业份额保持稳定。
ABSTRACT We use the National Establishment Time‐Series database to describe shifts in the geographic dispersion of employment and ownership of firms. Focusing on data on business establishments in California, and establishments anywhere in the United States that are owned by firms headquartered in California, we find shifts in the operations of businesses headquartered in California to other states. However, this shift has been offset by increased employment in the state by firms headquartered elsewhere, resulting in California's share of national employment holding quite constant. The evidence points to increasing geographic dispersion of firms' operations, especially in industries with lower communication costs.