beneficial location for firms is unconditionally true or whether doubts about the alleged positive effect of clusters on firm …

Our paper investigates the FDI attracting potential of emerging markets by in terms of their location attributes. We … that are relevant for the MNEs location decision. We find that countries tend to be grouped at a geographical level or … countries' transitions from one cluster to another over the years, which indicate a natural process of changing location …

-selection and endogenous location choice of firms in an estimation of firm level productivity. Controlling for competition effects …