Foreign-owned plants have higher conditional exit rates, and this paper tests the hypothesis that re-investment "embeds" these plants, leading to significantly longer survival time durations. A unique dataset is used for 265 plants that commenced in foreign ownership after 1985 in North East...

The paper decomposes a geographical concentration index between time-invariant and time varying location factors to examine the temporal scope of a spillover. This is the period of time over which one firm's activity directly affects the location of other activities in the same industry. An...