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An Application of Spatial Poisson Models to Manufacturing Investment Location Analysis AgEcon
Lambert, Dayton M.; McNamara, Kevin T.; Garrett, Megan I..
The influence product markets, agglomeration, labor, infrastructure, and government fiscal attributes had on manufacturing investment flows in Indiana between 2000 and 2004 were estimated using Poisson regression, geographically weighted regression, and a spatial general linear model. Counties with access to urbanization economies, product markets, available labor, a high-quality workforce, and transport infrastructure were more likely to attract manufacturing investment. These effects were magnified to some extent when inter-county spatial effects were modeled. The distributional assumptions of the spatial models are different, but both methods are useful for understanding the spatial context of the factors influencing manufacturing investment flows.
Tipo: Journal Article Palavras-chave: Geographically weighted regression; Location determinants; Location theory; Manufacturing site selection; Poisson spatial generalized linear model; Agribusiness; Industrial Organization; Productivity Analysis; R1; R3.
Ano: 2006 URL: http://purl.umn.edu/43752
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Sources of the rural-urban productivity disparities and the policy implications on rural development in Korea AgEcon
Kim, Hanho; Gopinath, Munisamy.
This paper investigates the effect of trade cost changes on the spatial productivity distribution in Korea. Data on gross value added and primary factors for 163 spatial units during 2000-2005 are assembled to estimate local TFP using a value-added function. In our application, we control for agglomeration economies so as to identify factors shifting the regional raw-productivity distribution over time. The TFP estimation results show that the Korean regional economy exhibits constant returns to scale, along with significant localization economies. We find that and trade costs reduction and infrastructure improvement significantly shift to the right all percentile values of the regional productivity distribution, while amenity does not affect the movement...
Tipo: Conference Paper or Presentation Palavras-chave: Agglomeration economies; Spatial productivity distribution; Trade cost; Community/Rural/Urban Development; F1; R3.
Ano: 2010 URL: http://purl.umn.edu/94896
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Environmental Policy, Spatial Spillovers and the Emergence of Economic Agglomerations AgEcon
Kyriakopoulou, Efthymia; Xepapadeas, Anastasios.
We explain the spatial concentration of economic activity, in a model of economic geography, when the cost of environmental policy - which is increasing in the concentration of emissions - and an immobile production factor act as centrifugal forces, while positive knowledge spillovers and iceberg transportation costs act as centripetal forces. We study the agglomeration effects caused by trade-offs between centripetal and centrifugal forces. The above effects govern firms’ location decisions and as a result, they define the distribution of economic activity across space. We derive the rational expectations equilibrium and the social optimum, compare the outcomes and characterize the optimal spatial policies.
Tipo: Working or Discussion Paper Palavras-chave: Agglomeration; Spatial Economics; Environmental Policy; Knowledge Spillovers; Transportation Cost; Environmental Economics and Policy; R3; Q5; H2.
Ano: 2009 URL: http://purl.umn.edu/54289
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A Note on the Equilibrium Properties of Locational Sorting Models AgEcon
Bayer, Patrick; Timmins, Christopher.
A central feature of many models of location choice – whether of firms or households, within or across cities – is the role of local interactions or spillovers, whereby the payoffs from choosing a location depend in part on the number or attributes of other individuals or firms that choose the same or nearby locations in equilibrium. The main goal of this paper is to develop the equilibrium properties of a broadly applicable and readily estimable class of sorting models that allow the location decision to depend on both fixed local attributes (including unobserved attributes) and such local interactions. In particular, we prove uniqueness in the case of congestion effects and use a series of simulations to demonstrate that a unique equilibrium is more...
Tipo: Working or Discussion Paper Palavras-chave: Local spillovers; Social interactions; Economic geography; Natural advantage; Endogenous sorting; Discrete choice models; Agglomeration; Congestion; Random utility; Industrial Organization; H0; R0; R2; R3.
Ano: 2003 URL: http://purl.umn.edu/28378
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Ethanol Plant Location Determinants and County Comparative Advantage AgEcon
Lambert, Dayton M.; Wilcox, Michael D.; English, Alicia; Stewart, Lance A..
The location of ethanol plants is determined by infrastructure, product and input markets, fiscal attributes of local communities, and state and federal incentives. This empirical analysis uses probit regression along with spatial clustering methods to analyze investment activity of ethanol plants at the county level for the lower U.S. 48 states from 2000 to 2007. The availability of feedstock dominates the site selection decision. Other factors, such as access to navigable rivers or railroads, product markets, producer credit and excise tax exemptions, and methyl tertiary-butyl ether bans provided some counties with a comparative advantage in attracting ethanol plants.
Tipo: Journal Article Palavras-chave: Cluster analysis; Comparative advantage; Ethanol production; Location model; Community/Rural/Urban Development; Environmental Economics and Policy; Political Economy; R1; R3.
Ano: 2008 URL: http://purl.umn.edu/45511
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Resultados economicos y riesgo en los citricos de la Comunidad Valenciana AgEcon
el Kamel, Helmi Ahmed; Garcia Alvarez-Coque, Jose-Maria.
SUMMARY: The purpose of this paper is to outline and adapt Sharpe's model to the agricultural activities as well as to measure the performance of crops when yield and risk are considered. The model is applied to the main varieties of citrus fruits in Valencia. For them, systematic and specific risks are measured and the yield índex elasticities are quantified. Applying performance rates, we determine the economic yields of citrus varieties in the 1985-1997 period. In the same way, we focus on its management based on the previously outlines criteria. Key Words: Risk, performance, crops programming RESUMEN: En este trabajo se presenta el modelo de Sharpe adaptado al campo de la producción agraria así como los métodos de medida de los resultados económicos...
Tipo: Journal Article Palavras-chave: Risk; Performance; Crops programming; Crop Production/Industries; Risk and Uncertainty; Q00; R3.
Ano: 2001 URL: http://purl.umn.edu/28785
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Location Choices of Multinational Firms: The Case of Mergers and Acquisitions AgEcon
Bertrand, Olivier; Mucchielli, Jean-Louis; Zitouna, Habib.
This article examines the location choices of cross-border Mergers and Acquisitions (M&A) between OECD members´ firms in the 1990`s. In addition to traditional determinants of FDI, we estimate the impact of specific factors affecting the M&A location pattern. Two distinct econometric methods are implemented: the conditional logit and the count model (Poisson or negative binomial model). In spite of the use of alternative econometric methods, we find that the supply of target firms (captured by market capitalization and privatization activity) constrains the location of M&A. However, is it not the only determinant of location: market size, labor costs, market access and financial openness play a positive and significant role on the M&A...
Tipo: Working or Discussion Paper Palavras-chave: Foreign Direct Investment; Merger and Acquisition; Location; Conditional logit; Count model; Industrial Organization; International Relations/Trade; F23; L1; R3.
Ano: 2004 URL: http://purl.umn.edu/26170
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Location Determinants of Food Manufacturing Investment: Are Non-metropolitan Counties Competitive? AgEcon
Lambert, Dayton M.; McNamara, Kevin T.; Beeler, Megan I..
Food manufacturing site selection is determined by infrastructure, agglomeration, product and input markets, labor markets, and fiscal attributes of local communities. This article examines how these factors influence location decisions across the rural-urban continuum in the lower forty-eight states of the U.S. Negative binomial regression and spatial clustering methods are used to forecast new food processor location patterns at the county level, 2000-2004. Remote rural areas are at a comparative disadvantage with respect to attracting food processors, but non-metropolitan counties with economic links to urban core areas may be attractive investment sites for footloose, supply, and demand-oriented food manufacturers.
Tipo: Conference Paper or Presentation Palavras-chave: Firm location; Food manufacturing; Negative binomial regression; Spatial clustering; Community/Rural/Urban Development; R1; R3.
Ano: 2007 URL: http://purl.umn.edu/9706
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Limited Food Access as an Equilibrium Outcome: An Empirical Analysis AgEcon
Bonanno, Alessandro; Chenarides, Lauren; Goetz, Stephan J..
Lack of access to nutritious and affordable food has become an important public policy issue in the U.S.: various interest groups are seeking to reverse a trend whereby certain areas lack larger, full-service grocery stores that provide “higher” quality foods. Based on game-theoretic findings suggesting that lack of food access can be an equilibrium outcome, we specify a model relating access to higher quality food stores to a vector of supply and demand factors, using seven years of county-level data for the contiguous U.S., and a constrained generalized ordered logit estimator. Our results suggest that demand side factors, especially market size (total income and SNAP funds) play an important role in determining food access, and that large food stores...
Tipo: Presentation Palavras-chave: Food Access; Equilibrium; Food-Store Density; Food Consumption/Nutrition/Food Safety; Q18; R3; L81.
Ano: 2012 URL: http://purl.umn.edu/123196
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An Empirical Analysis of Agglomeration Effect in the Japanese Food Industry -Panel Analysis Using Flexible Translog Production Function- AgEcon
Kageyama, Masahiro; Tokunaga, Suminori; Akune, Yuko.
In this paper, we examine the existence of agglomeration effect on production in the Japanese food industry from 1985 to 2000 using plant-level 4-digit subclassification, panel dataset and new agglomeration index in Akune and Tokunaga (2005), and Tokunaga, Kageyama, and Akune (2005), based on Ellison and Glaeser (1997). This is an improvement on the the conventional indices such as Location Quotient (LQ) or Location Gini Coefficient (L).When we apply a flexible translog production function and cost share equation as suggested by Kim (1992), we find that around 2% of positive agglomeration effect exists in absence of any restriction on homotheticity in the the case of employment based agglomeration (Gamma EG ).
Tipo: Conference Paper or Presentation Palavras-chave: Agglomeration; Japanese food industry; Panel data analysis; Flexible translog production functions; Agribusiness; R12; R3; Q59.
Ano: 2006 URL: http://purl.umn.edu/25510
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Will There Be a Concentration of Alikes? The Impact of Labor Market Structure on Industry Mix in the Presence of Product Market Shocks AgEcon
Stahl, Konrad; Walz, Uwe.
We analyze determinants of regional industry mix and focus especially on the influence of labor market characteristics. By combining a labor market pooling argument with an argument involving the cost of switching a worker from one firm to another, we show that in the presence of product market shocks there exists an interesting trade-off for the concentration of firms of the same industry in one region. Firms belonging to different industries are hedged against industry-specific shocks if they settle in the same region, but face higher switching costs (retraining costs for workers moving from one firm to another). In addition, with a given supply of labor there is an additional rationing effect affecting the location decisions of firms. Against the...
Tipo: Working or Discussion Paper Palavras-chave: Local labor market; Product market shocks; Industry structure; Imperfect competition; Industrial Organization; Labor and Human Capital; J4; L1; R3.
Ano: 2001 URL: http://purl.umn.edu/26362
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Public Expenditure and International Specialisation AgEcon
Brulhart, Marius; Trionfetti, Federico.
It is widely recognised that public-sector purchasers tend to discriminate in favour of domestic suppliers. We study the consequences of home-biased public procurement on international specialisation. In the theoretical analysis we find two effects. First, a country will specialise in the sector for which it has relatively large home-biased procurement (the "pull" effect). Second, home-biased procurement can counter agglomeration forces and thereby attenuate the overall degree of international specialisation (the "spread" effect). Our empirical analysis, conducted on input-output data for the European Union, yields supporting evidence for the pull effect and some support for the spread effect. Es ist hinlänglich bekannt, dass Käufer aus dem öffentlichen...
Tipo: Working or Discussion Paper Palavras-chave: Public expenditure; International specialisation; Economic geography; European Union; Input-output analysis; Public Economics; H5; F1; R3; R15.
Ano: 2001 URL: http://purl.umn.edu/26299
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Tomato Wars: A Discussion of How International Trade, Structural Changes, and Competitiveness Affect the North American Produce Industry AgEcon
Estes, Edmund A..
The demand for a variety of fresh fruits and vegetables, including fresh market tomatoes, has increased significantly over the past decade because of greater convenience in use, improved selection, and rising health and diet concerns. As U.S. demand for tomatoes and other horticultural crops strengthens, inexperienced domestic and international suppliers believe they can compete effectively within U.S. markets. Free trade agreements have reduced monetary barriers to trade, but remaining impediments, such as institutional and competitive market constraints, represent significant challenges for southern U.S. growers. This paper discusses points addressed by VanSickle, Eastwood, and Woods concerning trade and horticultural market development.
Tipo: Journal Article Palavras-chave: Fruits; Marketing; NAFTA; Trade; Vegetables; F1; L1; L2; Q17; R3.
Ano: 2003 URL: http://purl.umn.edu/43207
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Estimating Equilibrium Models of Sorting Across Locations AgEcon
Bayer, Patrick; Timmins, Christopher.
With the growing recognition of the role played by geography in all sorts of economic problems, there is strong interest in measuring the size and scope of local spillovers (i.e., simple anonymous agglomeration or congestion effects, or more complicated interactions between individuals or firms of specific types). It is well-understood, however, that such spillovers cannot be distinguished from unobservable local attributes using just the observed location decisions of individuals or firms. We propose an empirical strategy for recovering estimates of spillovers in the presence of unobserved local attributes for a broadly applicable class of equilibrium sorting models. This approach relies on an instrumental variables strategy derived from the internal...
Tipo: Working or Discussion Paper Palavras-chave: Local spillovers; Location choice; Economic geography; Natural advantage; Social interactions; Network effects; Endogenous sorting; Discrete choice models; Agglomeration; Congestion; Institutional and Behavioral Economics; H7; R0; R2; R3.
Ano: 2003 URL: http://purl.umn.edu/28448
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Job Creation in Italy: Geography, Determinants and Perspectives AgEcon
Peri, Giovanni; Cunat, Alejandro.
The extremely large disparities in employment rates across Italian regions, and the bad performance of the Italian economy in terms of job creation in the 80´s and early 90´s make job creation a top-priority in the economic policy agenda. This paper uses data on employment from 784 Local Labor Systems (LLS´s) covering the whole Italian territory to analyze job creation and its covariates for the 1981-1996 period. Local agglomeration economies, in particular input-output linkages, social characteristics, in particular the crime rate, and infrastructure growth are found to be important determinants of employment growth across Italian LLS´s. Using these estimates and data relative to 1996, we assess the potential for job creation in the LLS´s for the next...
Tipo: Working or Discussion Paper Palavras-chave: Local Agglomeration Economies; Employment Growth; Italian Regions; Labor and Human Capital; R0; R3; O1.
Ano: 2001 URL: http://purl.umn.edu/26385
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