The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
Market Potential and the Location of Japanese Investment in the European Union
Abstract
This paper develops a theoretical model of location choice under imperfect competition to formalize the notion that firms prefer to locate “where the markets are.” The profitability of a location depends on a term that weights demand in all locations by accessibility. Using a sample of Japanese firms' choices of regions within European countries, we compare the theoretically derived measure of market potential with the standard form used by geographers. Our results show that market potential matters for location choice but cannot account entirely for the tendency of firms in the same industry to agglomerate.
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Citations
Cites
Discrete Choice Methods with Simulation
Train, K. E. (2001) · doi:10.1017/cbo9780511805271 · Cited by 7,784
Market access, economic geography and comparative advantage: an empirical test
Davis, D. R., & Weinstein, D. E. (2003) · Journal of International Economics · doi:10.1016/s0022-1996(02)00088-0 · Cited by 378
Cited by
Gravity Equations: Workhorse,Toolkit, and Cookbook
Head, K., & Mayer, T. (2014) · Handbook of International Economics · doi:10.1016/b978-0-444-54314-1.00003-3 · Cited by 1,565
Self-citationThe Wealth of Cities: Agglomeration Economies and Spatial Equilibrium in the United States
Glaeser, E. L., & Gottlieb, J. D. (2009) · Journal of Economic Literature · doi:10.1257/jel.47.4.983 · Cited by 1,082
The Costs of Remoteness: Evidence from German Division and Reunification
Redding, S. J., & Sturm, D. M. (2008) · American Economic Review · doi:10.1257/aer.98.5.1766 · Cited by 573
Firm location decisions, regional grants and agglomeration externalities
Devereux, M. P., Griffith, R., & Simpson, H. (2007) · Journal of Public Economics · doi:10.1016/j.jpubeco.2006.12.002 · Cited by 364
Regional wage and employment responses to market potential in the EU
Head, K., & Mayer, T. (2006) · Regional Science and Urban Economics · doi:10.1016/j.regsciurbeco.2006.06.002 · Cited by 256
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Metadata
- Authors
- Head, K., & Mayer, T.
- Venue
- Review of Economics and Statistics
- Publisher
- MIT Press - Journals
- Published
- 2004-11
- Volume
- 86
- Issue
- 4
- Pages
- 959-972
- ISSN
- 0034-6535 (ISSN-L)
- 1530-9142
- OpenAlex
- W2032951632
- Cited by
- 823
- References
- 2
- FWCI
- 73.49
- Type
- journal article
- Language
- en
- Open access
- closed
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
