| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
DETERMINANTS OF INVESTMENT FLOWS IN U.S. MANUFACTURING
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| Autores: |
Brown, Jason P.
Florax, Raymond J.G.M.
McNamara, Kevin T.
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| Data: |
2009-11-09
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| Ano: |
2009
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| Palavras-chave: |
Manufacturing
Investment
Spatial Durbin model
Community/Rural/Urban Development
L60
R11
R30
|
| Resumo: |
The purpose of the paper is to test the long-run steady state of growth factors hypothesized to influence U.S. manufacturing investment flows. These factors include agglomeration, market structure, labor, infrastructure, and fiscal policy. Spatial cross-regressive and spatial Durbin models are used to measure the spatial interaction of investment flows. Spatial spillovers are found to be of a competitive nature at the state level, implying that a factor which attracts more investment to a particular state is associated with lower investments in neighboring states. Investment flows to states with higher market demand, more productive labor, and more localized agglomeration of manufacturing activity.
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
|
| Identificador: |
http://purl.umn.edu/54835
|
| Relação: |
Purdue University>Department of Agricultural Economics>Working Papers
Working Paper
09-10
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| Formato: |
27 pages
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