Download full text
(464.2Kb)
Citation Suggestion
Please use the following Persistent Identifier (PID) to cite this document:
https://nbn-resolving.org/urn:nbn:de:0168-ssoar-233651
Exports for your reference manager
Agglomeration economies and the location of foreign direct investment: empirical evidence from Romania
Agglomerationsvorteile und der Standort von ausländischen Direktinvestitionen: empirische Evidenz aus Rumänien
[journal article]
Abstract 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 ... view more
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.... view less
Classification
Area Development Planning, Regional Research
Political Economy
Free Keywords
Agglomeration economies; Foreign direct investment; Transition economies
Document language
English
Publication Year
2010
Page/Pages
p. 355-371
Journal
Regional Studies, 44 (2010) 3
DOI
https://doi.org/10.1080/00343400902783230
Status
Postprint; peer reviewed
Licence
PEER Licence Agreement (applicable only to documents from PEER project)