Why do some regions grow faster than others, and in ways that do not always conform to economic theory? This is a central issue in today’s economic climate, when policy makers are looking for ways to stimulate new and sustainable growth. OECD work suggests that there is no one-size-fits-all...

This study casts light upon the locational distribution of industrial activites of Japanese multinational corporations (MNCs) in the Czech Republic at the regional level from 1999 through 2004. In our study, McFadden's conditional logit model is applied to trace the dynamic effects of a series...