As a result, increasing in labor productivity inside cluster is endogenous and shown up by the characteristics of increasing returns to scale.

因此，产业集群内劳动生产率增长是内生的，且呈现规模收益递增的特征。

youdao

Emphasizing on the increasing returns to scale, spillover effect and accumulation of specialized human capital, the endogenous growth theory is a breakthrough in this regard.

它所强调的规模收益递增、外溢效应、专业化人力资本积累等，是对传统经济增长理论的重大突破。

youdao

The reason is the spatial concentration of population and resources had the effect of increasing returns to scale.

原因是人口和资源的空间集聚产生了规模收益递增的效应。

youdao

It has what economists call increasing returns to scale and huge barriers to entry.

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So being a first mover in something that has increasing returns to scale and is about information--those are very cool things.

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The dynamics are a bit involved but in short export industries will tend to be folks who gain from increasing returns to scale.

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