Agglomeration economies and the location of foreign direct investment: empirical evidence from Romania

Journal article | Zeitschriftenartikel

We exploit the large inflow of FDI into Romania, after the revolution in 1989, to study the determinants of FDI location in transition economies. Using a conditional logit setup and choice-specific fixed effects, we find that external economies from service agglomeration are the main determinant of FDI-location. An increase in service employment density by 10 percent makes the average Romanian county 11.9 percent more likely to attract a foreign investor. Industry specific foreign and domestic agglomeration economies and labor conflicts also impact FDI-location. A comparison with findings of other studies suggests that service agglomeration economies may be geographically quite localized.

Object Details

• Alternative title: Agglomerationsvorteile und der Standort von ausländischen Direktinvestitionen: empirische Evidenz aus Rumänien
• Extent: Seite(n): 355-371
• Language: Englisch
• Notes: Status: Postprint; begutachtet (peer reviewed)

References and Relationships

• Bibliographic citation: Regional Studies, 44(3)

Classification and Topics

• Subject: Wirtschaft ; Städtebau, Raumplanung, Landschaftsgestaltung ; Volkswirtschaftslehre ; Raumplanung und Regionalforschung

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Hilber, Christian A. L. ; Voicu, Ioan
• Event: Veröffentlichung
• (where): Vereinigtes Königreich
• (when): 2010

Further information

• DOI: https://doi.org/10.1080/00343400902783230
• URN: urn:nbn:de:0168-ssoar-233651
• Rights: GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
• Last update: 21.06.2024, 4:27 PM CEST