This paper considers the impact that information and communicationtechnology (ICT) has on firms’ choices over organisational form. In particular,the decision over whether to produce in-house or outsource services,and the decision over the location of activity. ICT reduces the transactionand...

We investigate the empirical usefulness of a new measure of the degree of competition in a market, proposed by Boone (2000). This measure is based on the reduction in profits that firms experience as a result of cost inefficiencies. We compare this with measurescommonly used by policy makers and...

We examine whether discretionary government grants influence thelocation of new plants. Grants have a small effect in attracting plants to specificgeographic areas, but their effectiveness increases with agglomeration externalities,measured by the number of other plants in that location in the...