Where and why do firms choose to move? Empirical evidence from Norway
| Autor: | Stig Nyland Andersen, Øyvind Lervik Nilsen, Trude Tørset, Elisabetta Cherchi, María Díez-Gutiérrez |
|---|---|
| Rok vydání: | 2020 |
| Předmět: |
Firm migration
Process (engineering) Geography Planning and Development mixed logit model 0211 other engineering and technologies Public policy Transportation 02 engineering and technology transportation investment 0502 economics and business Regional planning Empirical evidence Industrial organization HE1-9990 050210 logistics & transportation agglomeration TA1001-1280 Economies of agglomeration Agglomeration Samfunnsvitenskap: 200 [VDP] 05 social sciences 021107 urban & regional planning Transportation engineering Urban Studies Business firm migration Relocation Transportation and communications Transportation investment |
| Zdroj: | Journal of Transport and Land Use Journal of Transport and Land Use, Vol 13, Iss 1 (2020) |
| ISSN: | 1938-7849 |
| Popis: | A key goal for many public policies is to increase the competitiveness of local industries and make areas more attractive for firm location and development. However, little is known about firm relocations even though they are of crucial importance in understanding economic development within a region and the effectiveness of the policies proposed. This paper contributes to filling this gap by looking further into the firm relocation process by estimating models for the decision to relocate and to where. The studied area consists of four counties on the western coast of Norway that generate about half of Norway’s traditional exports. Changes in firm relocations for approximately 16,500 firms within this study area are analyzed. In addition, interviews with firms that relocated are also carried out to support the findings from the model. The results indicate that the decision to relocate is influenced by a firm’s internal and external characteristics such as agglomeration. The results are relevant for regional planning and development as firms seem to have different preferences regarding what makes a location attractive or not. The results might serve as input in land-use interaction models, where changes in firm location patterns from transport investments are estimated. This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. |
| Databáze: | OpenAIRE |
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