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to reduce costs and focus on core businesses. The purchasing outsourcing has the largest correlation coefficients with …
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Using six years of firm-level data covering 224 regions of the enlarged European Union, we evaluate the importance to a firm of locating its activities (production, headquarters, R&D, logistics and sales) close together. We find that, after controlling for regional characteristics, being closely...
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Why does aggregate foreign direct investment (FDI) fall with distance? We conjecture that high trade costs adversely … decreases with distance. We conclude that trade costs limit a firm’s ability to assess foreign market uncertainty. As a result …
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