Firm relocation patterns incorporating spatial interactions

Nguyen, Cao Y.; Sano, Kazushi; Tran, Tu Vu; Doan, Tan Thanh

doi:10.1007/s00168-012-0523-3

Cited by 26 publications

(28 citation statements)

References 21 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Studies on relocation usually structure firm migration dynamics using one of three theoretical frameworks: neo-classical, behavioral, and institutional (Pellenbarg et al 2002;Brouwer et al 2004;Nguyen et al 2013). The neo-classical perspective is a natural starting point for our study of manufacturer relocations that focuses on a traditional supply-side or neo-liberal approach to the business climate (Pellenbarg et al 2002).…”

Section: Theories Of Business Relocationmentioning

confidence: 99%

Interstate Relocation of Manufacturers and Business Climate

Conroy

Deller

Tsvetkova

2016

Rev Urban & Reg Develop

View full text Add to dashboard Cite

In this study, we model how traditional factors associated with a supply‐side view of business climate, at times identified with neo‐liberalism, influence interstate relocation patterns of manufacturers using a panel (2000–2011) of the 48 contiguous American states. We find that very few manufacturing firms relocate across state lines in any given year and those that do relocate are relatively small businesses and are most likely to move to neighboring states. Traditional factors associated with business climate, such as taxation, appear to influence manufacturing interstate relocation. Further analysis shows that the tax policy changes necessary for an economically significant effect on relocation are likely infeasible.

show abstract

Section: Theories Of Business Relocationmentioning

confidence: 99%

Interstate Relocation of Manufacturers and Business Climate

Conroy

Deller

Tsvetkova

2016

Rev Urban & Reg Develop

View full text Add to dashboard Cite

show abstract

“…As underscored by Nguyen et al (2012), an establishment does not act in isolation during its decisionmaking process and is likely to be influenced by other establishments located nearby. When choosing an appropriate place in which to set up in the market, an establishment can take into account not only the characteristics of a particular area but also those of its surroundings.…”

Section: First Attempts To Incorporate Spatial Effects In Location Chmentioning

confidence: 99%

Location choices of newly created establishments: Spatial patterns at the aggregate level

Buczkowska

Lapparent

2014

Regional Science and Urban Economics

View full text Add to dashboard Cite

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in AbstractThis paper explores the problems associated with the location choice of newly created establishments at the aggregate level. Much work has been done in this domain, however, several issues arise when analyzing involved phenomena, which scholars have yet to fully explore: 1) addressing the excess of zeros problem in the location choice model in highly heterogeneous geographic areas and 2) determining an appropriate way to accommodate spatial effects for location decisions. We tested models that include both stocks of preexisting establishments and variables that represent measures of accessibility to the workforce and population, proximity to shops, services, transport infrastructure, availability of land, as well as prices and tax levels.We concluded that an establishment does not act in isolation during its decision-making processes and that it is likely to be influenced by other establishments located nearby. When selecting the appropriate location in which to set up in the market, an establishment may consider not only the characteristics of a particular area, but also the characteristics of neighboring zones. Having estimated 84 nested and non-nested count data models, we found that the hurdle models are preferred for taking into account the presence of excess zeros. Hurdle models offer greater flexibility in modeling zero outcomes and relax the assumption that the zero observations and the positive observations come from the same data generating process. In addition, the paper finds that the models tested with the distance matrix indicate that the incorporation of spatial spillovers leads to an enhancement in the models' performance.

show abstract

“…Moreover, this effect had a structural character highlighting the fact that nearby companies will strength their inputoutput linkages causing interdependences in their economic and financial behaviour (Rallet & Torre, 2005, Delgado et al, 2014. Agrarian firms do not act in isolation during their decision-making processes but were influenced by other peer firms located nearby (as in Nguyen et al, 2012). Therefore, a company surrounded by firms with economic or financial difficulties will receive negative external shocks.…”

Section: Discussionmentioning

confidence: 99%

“…In this sense, Davis & Schluter (2005) developed a disaggregated analysis for food industries and found relevant elements that attract food manufacturing companies to operate where they have more accessibility to other agents. Nguyen et al (2012) indicated that firms are more attracted to regions with high accessibility. In fact, agrarian firms do not act in isolation during their decision-making processes but are influenced by other peer firms located nearby.…”

Section: Introductionmentioning

confidence: 99%

Geographical proximity on the valuations of unlisted agrarian companies: Does distance from company to company and to strategic points matter?

Occhino

Maté

2017

Span. j. agric. res.

View full text Add to dashboard Cite

This paper is a first attempt to examine the role played by the geography on agrarian firms' valuations. The geography was evaluated through the physical proximity from agrarian companies to other companies and to some strategic points which ease their accessibility to external economic agents. To get our purpose, we developed an empirical application on a sample of non-listed agrarian Spanish companies located in the region of Murcia over the period 2010-2015. We applied Discount Cash Flow methodology for non-listed companies to get their valuations. With this information, we used spatial econometric techniques to analyse the spatial distribution of agrarian firms' valuations and model the behavior of this variable. Our results supported the assertion that agrarian firms' valuations are conditioned by the geography. We found that firms with similar valuations tend to be grouped together in the territory. In addition, we found significant effects on agrarian firms valuations derived from the geographical proximity among closer agrarian companies and from them to external agents and transport facilities.

show abstract

Firm relocation patterns incorporating spatial interactions

Cited by 26 publications

References 21 publications

Interstate Relocation of Manufacturers and Business Climate

Interstate Relocation of Manufacturers and Business Climate

Location choices of newly created establishments: Spatial patterns at the aggregate level

Geographical proximity on the valuations of unlisted agrarian companies: Does distance from company to company and to strategic points matter?

Contact Info

Product

Resources

About