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Regional foreign direct investment in manufacturing. Do agglomeration economies matter?
[journal article]
Pelegrín, Angels; Bolancé, Catalina
(427 KByte)
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Please use the following Persistent Identifier (PID) to cite this document:http://nbn-resolving.de/urn:nbn:de:0168-ssoar-133288
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| Abstract | This paper examines the role played by agglomeration economies as location determinants of regional foreign direct investment in manufacturing. The analysis reveals that foreign direct investment location is dependent on specific industry traits, and that agglomeration economies appear as the strongest pull factors. The model, estimated with panel data, finds evidence, first, that industries with a high level of linkages are attracted to regions with high manufacturing activity; and, second, that locations which accumulate R+D activities attract chemical industries. Finally, cost-oriented industries do not value agglomeration economies and their localization emerges due to endowment reasons. |
| Classification | Political Economy; Economic Policy; Area Development Planning, Regional Research |
| Free Keywords | agglomeration economies; foreign investment; regional location |
| Document language | English |
| Publication Year | 2008 |
| Page/Pages | p. 505-522 |
| Journal | Regional Studies, 42 (2008) 4 |
| DOI | http://dx.doi.org/10.1080/00343400701543157 |
| Status | Postprint; reviewed |
| Licence | PEER Licence Agreement (applicable only to documents from PEER project) |
| Document Type | journal article |