This paper examines how matching elasticity and labor bargaining power affect industrial agglomeration in an open economy with frictional labor markets. The analysis is based on a footloose capital model of two symmetric regions with a single industry and immobile labor. Unemployment is generated by a Diamond–Mortensen–Pissarides-type search and matching mechanism. We find that the agglomeration force caused by search frictions in the labor market may be strong enough to break the symmetric equilibrium when the matching elasticity with respect to job vacancies is large and/or labor bargaining power is strong. Matching elasticity is crucial for determining the configuration of economic geography.

本文研究了在劳动力市场存在摩擦的开放经济中，匹配弹性和劳动力议价能力如何影响产业集聚。该分析基于具有单一行业和固定劳动力的两个对称区域的自由资本模型。失业是由 Diamond–Mortensen–Pissarides 类型的搜索和匹配机制产生的。我们发现，当职位空缺的匹配弹性较大和/或劳动力议价能力较强时，劳动力市场中寻找摩擦引起的集聚力可能足以打破对称均衡。匹配弹性对于确定经济地理的配置至关重要。