2024
DOI: 10.1002/mde.4140
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Industrial agglomeration and corporate labor investment efficiency: A study based on the industry heterogeneity perspective

Ke Guo,
Xuemeng Guo

Abstract: A research sample comprising 285 prefecture‐level cities and listed enterprises in China between 2005 and 2020 was handpicked to examine the impact of regional industrial agglomeration on the labor investment efficiency of enterprises, along with its heterogeneity effect. The research discovered that industrial agglomeration hinders the labor investment efficiency of enterprises in general. However, manufacturing agglomeration showed an inverted U‐shaped relationship with the labor investment efficiency of ent… Show more

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