Showing 1 - 10 of 66
Agglomeration economies reflect proximity and are an important explanation for industrial location. They feature prominently in the theories of location, including intermediate inputs and labour of the new economic geography and knowledge spillovers in the new growth theory. However, while there...
Persistent link: https://www.econbiz.de/10011131938
<title>ABSTRACT</title> This paper analyses the location of foreign direct investment across the regions of Great Britain over 1985--2005 using the framework of discretized Markov chains. FDI is measured according to the regional share of inward investment projects, where a distinction is made between...
Persistent link: https://www.econbiz.de/10011134013
The paper examines the relative importance for industrial location of production linkages and knowledge spillovers, distinguishing between intermediate and non-intermediate goods that are backwards or forwards in nature. A novel approach is used to construct proxies for non-intermediate goods at...
Persistent link: https://www.econbiz.de/10011125954
This paper's purpose is to review the recent experience of foreign direct investment (FDI) in North East England, and to explore the implications of this for the region's prospective economic development. Foreign-owned plants are reckoned to account for more than half the North East's employment...
Persistent link: https://www.econbiz.de/10010884608
This paper adds to the scarce cross-country evidence on FDI location decisions between the EU-15 Member States and the ten new Members that joined the European Union (EU) in 2004 and 2007 from the Central and East European Countries (CEECs). To capture the discrete nature of the location choice,...
Persistent link: https://www.econbiz.de/10011075938
Persistent link: https://www.econbiz.de/10006428625
Foreign-owned plants have higher conditional exit rates, but this paper tests the hypothesis that re-investment "embeds" these plants, leading to significantly longer survival time durations. A unique dataset is used for 265 plants that commenced in foreign ownership after 1985 in North East...
Persistent link: https://www.econbiz.de/10010745705
The paper uses the framework of Markov chains to examine convergence in the location of inward foreign direct investment across the regions of Great Britain over 1985-2005. An analysis is undertaken by industry group that disaggregates manufacturing and services. It finds convergence in regional...
Persistent link: https://www.econbiz.de/10010746265
The theory and empirical evidence on FDI location emphasise agglomeration economies over classical location factors, such as grants. This paper uses panel data to analyse the effect of the main instrument of inward investment policy, the UK regional policy grants, on the distribution of FDI...
Persistent link: https://www.econbiz.de/10010746664
The paper examines the pattern of jobs in projects implemented by foreign-owned plants in the north east of England over the period 1985--1998. It analyses the characteristics of projects generating a greater or smaller number of jobs. The paper finds a substantial concentration of investment in...
Persistent link: https://www.econbiz.de/10005035089