The firm relocation decision: An empirical investigation

Abstract.In the current paper, the determinants of firm relocation behaviour in twenty-one countries during the period 1997-1999 are analyzed. We demonstrate that internal growth factors measured by increases, but also decreases, in the workforce induce firm relocation. Firms that serve larger markets relocate more often. It is also demonstrated that relocations are often a result of acquisitions, mergers and take-overs, which are a consequence of external growth.

[1]  R. Hayter.  The Dynamics of Industrial Location: The Factory, the Firm and the Production System , 1997 .

[2]  P. Wood,et al.  Industrial organisation, location and planning , 1978 .

[3]  R. Putnam,et al.  Making Democracy Work: Civic Traditions in Modern Italy. , 1994 .

[4]  N. Thrift,et al.  Refiguring the economic in economic geography , 1996 .

[5]  A. Pred,et al.  Behaviour and location, foundations for a geographic and dynamic location theory. Part I. , 1969 .

[6]  Peter M. Townroe,et al.  Some behavioural considerations in the industrial location decision , 1972 .

[7]  Giacomo Becattini,et al.  From Marshall's to the Italian "Industrial Districts". A Brief Critical Reconstruction , 2002 .

[8]  Business affairs: the attraction and repulsion of firms. , 1999 .

[9]  Leon N. Moses,et al.  Location and the Theory of Production , 1958 .

[10]  Enrico Pennings,et al.  International relocation: firm and industry determinants , 2000 .

[11]  A. Venables,et al.  The Spatial Economy: Cities, Regions, and International Trade , 1999 .

[12]  Mark S. Granovetter.  Economic Institutions as Social Constructions: A Framework for Analysis , 1992 .

[13]  P. Lloyd,et al.  Location in space: A theoretical approach to economic geography , 1974 .

[14]  P. McCann.  Urban and Regional Economics , 1991 .

[15]  P. A. Losty,et al.  A Behavioural Theory of the Firm , 1965 .

[16]  Mark S. Granovetter.  Economic Action and Social Structure: The Problem of Embeddedness , 1985, American Journal of Sociology.

[17]  Fritz Machlup,et al.  THEORIES OF THE FIRM: MARGINALIST, BEHAVIORAL, MANAGERIAL , 1978 .

[18]  Johann Heinrich von Thünen.  Der isolierte Staat in Beziehung auf Landwirtschaft und Nationalökonomie , 1990 .

[19]  D. Keeble.  Industrial Location and Planning in the United Kingdom , 2022 .

[20]  A. Venables,et al.  The Spatial Economy: Cities, Regions, and International Trade , 2000 .

[21]  J. Jewkes,et al.  Theory of Location of Industries. , 1933 .

[22]  Jacques-François Thisse,et al.  Does environmental dumping lead to delocation , 1994 .

[23]  P. Pellenbarg,et al.  Firm relocation decisions in The Netherlands: An ordered logit approach , 2000 .

[24]  L. Wissen.  A micro-simulation model of firms: Applications of concepts of the demography of the firm , 2000 .

[25]  Industrial mobility and migration in the European Community , 1983 .

[26]  C. Mason.  Intra-urban plant relocation: A case study of Greater Manchester , 1980 .

[27]  M. Storper,et al.  Worlds of Production: The Action Frameworks of the Economy , 1997 .

[28]  Günter Krumme.  Toward a Geography of Enterprise , 1969 .