Start-ups and firm in-migration: evidence from the Swedish wholesale industry
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- Daunfeldt, SO., Elert, N. & Rudholm, N. Ann Reg Sci (2013) 51: 479. doi:10.1007/s00168-012-0536-y
We use a data set covering 13,471 Swedish limited liability firms in the Swedish wholesale industries during 2000–2004 to ascertain the determinants of new start-ups and of in-migration of firms. Access to a large harbor, international airport or large railroad classification yard in the municipality nearly triples the number of start-ups and increases the expected number of in-migrating firms with 53 %. The presence of a university, many educated workers and low local taxes are also associated with more start-ups and firm in-migration.