It would not take a long time for a firm to determine factory's location when the firm's production activity was almost confined in a country. While, in the globalized economy a firm takes a series of steps to decide factory's location since spatial range of a firm's production activity is...

Regional governments carry out a series of plans to attract firms to the area to stimulate the economic activity. The firms which are enticed to locate at the area are selected according to the characteristics of the regional economy. These firms are expected to operate the production processes...

This paper analyzes effects of the corporation tax rates of countries on firms' location selections using the transfer pricing system. Reduction of transportation costs makes firms' production activities expand to across international borders. This expansion incurs harsh price competition among...

The acceleration of house price growth amidst falling interest rates to record-low levels across euro area countries between 2015 and 2021 has sparked renewed interest in the link between the two variables. Asset-pricing theory suggests that real house prices respond to changes in real interest...

Entrepreneurship is an important process in regional economic development. Especially the continued growth of a minority of new firms is of major significance to the commercialization of new ideas and employment growth. These growing new firms are transforming on a structural basis, like...

It is well understood that the two most popular empirical models of location choice - conditional logit and Poisson - return identical coefficient estimates when the regressors are not individual specific. We show that these two models differ starkly in terms of their implied predictions. The...

This paper examines the impact of locational choice as a firm strategy to access knowledge spillovers from universities. Based on a large data set of young high-technology start-ups publicly listed in Germany, this study tests the propositions that geographic proximity to the university is...

Die Regionen innerhalb eines Landes standen schon immer im Wettbewerb um Unternehmensansiedlungen. Im Zuge der Globalisierung hat die internationale Dimension der Standortentscheidungen in den letzten Jahren jedoch erheblich zugenommen. Im Rahmen der Untersuchung im Auftrag des...

Im innerdeutschen Wettbewerb um Investoren haben die ostdeutschen Bundesländer noch zusätzlich mit der Konkurrenz der östlichen Nachbarstaaten zu kämpfen, die mit niedrigen Lohnkosten und hohen Investitionsanreizen Unternehmen in ihre Regionen locken. Die Positionierung Sachsens im...

Die Ausprägung der harten Standortfaktoren zwischen Sachsen und den östlichen Nachbarländern nähern sich tendenziell an. "Weiche"“ Standortfaktoren - z. B. Motivation der Arbeitskräfte, Investitionsklima, Lebensqualität u. a. - werden deshalb für Standortentscheidungen immer wichtigere...