<title>ABSTRACT</title> This paper analyses the location of foreign direct investment across the regions of Great Britain over 1985--2005 using the framework of discretized Markov chains. FDI is measured according to the regional share of inward investment projects, where a distinction is made between...

<title>ABSTRACT</title> This paper analyses the location of foreign direct investment across the regions of Great Britain over 1985--2005 using the framework of discretized Markov chains. FDI is measured according to the regional share of inward investment projects, where a distinction is made between...

Abstract Regional economics appears to be losing its currency in academic discourse, with a clear preference over recent years for the term ‘spatial economics’. This essay examines the nature of the developments in order to explore their implications for regional economics, focusing on four...