Using data for German and Swedish multinational enterprises (MNEs), this paper assesses international employment patterns. It analyzes determinants of location choice and the degree of substitutability of labor across locations. Countries with highly skilled labor forces attract German MNEs, but...

Non-pecuniary factors are believed to play a crucial role in the decisions of entrepreneurs. We estimate how the non-pecuniary benefits related to the quality-of-life (e.g., clement weather) of a target firm's location affect its acquisition price. Using new data on private firm acquisitions, we...

This appendix provides complete results for the robustness checks discussed in the paper, Non-Pecuniary Benefits: Evidence from the Location of Private Company Sales, found here: 'http://ssrn.com/abstract=2423117' http://ssrn.com/abstract=2423117

In this article, we simulate the concentration process within the German dairy sector employing a sector?wide optimization model. As a result, we get cost minimizing structures of the dairy sector for various time horizons depending on varying levels of transportation costs. We show that the...

This paper examines the effects of specialisation (within-sector clustering) and diversity (between-sector clustering) on business services profitability and location choice. We apply a semiparametric Poisson sorting model allowing for firm-specific effects. We find that for most firms,...

This paper examines the effects of specialization (within-sector clustering) and diversity (between-sector clustering) on business services profitability and location choice. We apply a semiparametric Poisson sorting model allowing for firm-specific effects. We find that for most firms,...