This paper examines the service industry providing a comparison with the manufacturing industry. Showing the differences in production function as well as isocost and isoquant. Manufacturing industries are capital intensive and sell products. The service industry is labor intensive and typically provides intangible goods. The service industry is than examined with regards to agglomeration. The main question is what contributes to the agglomeration of service industry firms within metropolitan statistical areas. This paper provides regression analysis, using OLS estimates of the parameters.
Deist, Ashton A., "Agglomeration of the Service Industry: a Case Study on Sector 62" (2010). Senior Independent Study Theses. Paper 746.
Bachelor of Arts
Senior Independent Study Thesis
© Copyright 2010 Ashton A. Deist