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%T Agglomeration economies and the location of foreign direct investment: empirical evidence from Romania %A Hilber, Christian A. L. %A Voicu, Ioan %J Regional Studies %N 3 %P 355-371 %V 44 %D 2010 %K Agglomeration economies; Foreign direct investment; Transition economies %= 2011-03-25T11:22:00Z %~ http://www.peerproject.eu/ %> https://nbn-resolving.org/urn:nbn:de:0168-ssoar-233651 %X 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. %C GBR %G en %9 journal article %W GESIS - http://www.gesis.org %~ SSOAR - http://www.ssoar.info