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Regional foreign direct investment in manufacturing. Do agglomeration economies matter?
Pelegrín Solé, Àngels; Bolancé Losilla, Catalina
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 high-tech industries. Finally, one cost-oriented industry was found not to value agglomeration economies, being attracted instead to regions with low salary levels.
-Concentració industrial
-Recerca industrial
-Anàlisi de dades de panel
-Industrial concentration
-Industrial research
-Panel analysis
cc-by-nc-nd, (c) Pelegrín Solé, et al., 2006
http://creativecommons.org/licenses/by-nc-nd/3.0/es/
Document de treball
Institut d’Economia de Barcelona
         

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