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The drivers of intra‐ and interregional labor mobility over the industry life cycle of the high‐tech sector

Year: 2024

Type: article

Abstract: In this article, we analyze how industry‐ and region‐specific characteristics influence individual‐level decisions on mobility within and between regions during the life cycle of the industry. Using uniquely detailed panel‐type data from the Finnish high technology sector, our analysis demonstrates that the influence of different regional features varies for different types of job changes and labor mobility and also according to the industry life cycle. We find that the classic agglomeration‐type arguments regarding labor search and matching only really operate in the early growth stages of an industry life cycle. These patterns change throughout the various stages of the industry life cycle, although in quite different ways according to different factors, and understanding how these patterns change helps to provide a richer understanding of the labor market roles of agglomeration and clustering.

Source: Journal of Regional Science

DOI: 10.1111/jors.12724

Authors: Jaakko Simonen, Philip McCann, Santtu Karhinen, Rauli Svento

Institutions: University of Oulu, University of Manchester, The Productivity Institute, Finnish Environment Institute

Language: English

Topic: Regional Economics and Spatial Analysis

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: hybrid

Estimated APC paid: $3,660