Revealed Competition for Greenfield Investments between European Regions

Arbeitspapier

In the modern economy, cities are assumed to be in fierce competition over attracting foreign investments in leading sectors of the world economy. Despite the rich theoretical discourse on these 'wars', it remains unclear which territories are competing with each other over which types of investments Combining insights from international economics, international business, and urban systems literature, we develop an indicator to measure revealed competition between territories for investments based on the overlap of investment portfolios of regions. Taking competition for greenfield investments between European regions as a test subject, we identify competitive market segments, derive the competitive threat a region faces from other regions, the competitive threat regions pose to other regions, and the most important market segments in which regions compete. We show that European regions with similar locational endowments pose a fiercer competitive thre at to one another. In addition, regions that are sufficiently large and distinctive, face the smallest average competitive threat from all other regions.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Tinbergen Institute Discussion Paper ; No. 12-063/3

Classification and Topics

• Classification: Wirtschaft ; Size and Spatial Distributions of Regional Economic Activity ; International Investment; Long-term Capital Movements ; State and Local Government; Intergovernmental Relations: General
• Subject: territorial competition ; greenfield investments ; Europe ; Auslandsinvestition ; Standortwettbewerb ; Produktionsstandort ; Europa

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Burger, Martijn J. ; van der Knaap, Bert ; Wall, Ronald S.
• Event: Veröffentlichung
• (who): Tinbergen Institute
• (where): Amsterdam and Rotterdam
• (when): 2012

Further information

• Handle: http://hdl.handle.net/10419/87417
• Last update: 10.03.2025, 11:42 AM CET