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@article{ Hilber2010,
 title = {Agglomeration economies and the location of foreign direct investment: empirical evidence from Romania},
 author = {Hilber, Christian A. L. and Voicu, Ioan},
 journal = {Regional Studies},
 number = {3},
 pages = {355-371},
 volume = {44},
 year = {2010},
 doi = {https://doi.org/10.1080/00343400902783230},
 urn = {https://nbn-resolving.org/urn:nbn:de:0168-ssoar-233651},
 abstract = {We exploit the large inflow of FDI into Romania, after the revolution in 1989, to study the determinants of FDI location in transition economies. Using a conditional logit setup and choice-specific fixed effects, we find that external economies from service agglomeration are the main determinant of FDI-location. An increase in service employment density by 10 percent makes the average Romanian county 11.9 percent more likely to attract a foreign investor. Industry specific foreign and domestic agglomeration economies and labor conflicts also impact FDI-location. A comparison with findings of other studies suggests that service agglomeration economies may be geographically quite localized.},
}