Firm Size and Geographical Aggregation: An Empirical Appraisal in Industrial Location
This paper assesses empirically the importance of size discrimination and disaggregate data for deciding where to locate a start-up concern. We compare three econometric specifications using Catalan data: a multinomial logit with 4 and 41 alternatives (provinces and comarques, respectively) in which firm size is the main covariate; a conditional logit with 4 and 41 alternatives including attributes of the sites as well as size-site interactions; and a Poisson model on the comarques and the full spatial choice set (942 municipalities) with site-specific variables. Our results suggest that if these two issues are ignored, conclusions may be misleading. We provide evidence that large and small firms behave differently and conclude that Catalan firms tend to choose between comarques rather than between municipalities. Moreover, labour-intensive firms seem more likely to be located in the city of Barcelona.
Year of publication: |
2004
|
---|---|
Authors: | Carod, Josep Maria Arauzo ; AntolÌn, Miguel C. ManjÛn |
Published in: |
Small Business Economics. - Springer. - Vol. 22.2004, 3_4, p. 299-312
|
Publisher: |
Springer |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Sources of innovation and industry-university interaction : evidence from Spanish firms
Segarra Blasco, Agustí, (2008)
-
Location determinants of high-tech manufacturing activities : a preliminary analysis
Arauzo-Carod, Josep Maria, (2009)
-
Mature industries and declining regions : an analysis of the Spanish case
Arauzo-Carod, Josep Maria, (2009)
- More ...