Document type
Working paperPublication date
Publication license
Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/119210
Regional foreign direct investment in manufacturing. Do agglomeration economies matter?
Journal Title
Director/Tutor
Journal ISSN
Volume Title
Related resource
Abstract
This paper examines the role played by agglomeration economies as location determinants of regional foreign direct investment in manufacturing. The analysis reveals that foreign direct investment location is dependent on specific industry traits, and that agglomeration economies appear as the strongest pull factors. The model, estimated with panel data, finds evidence, first, that industries with a high level of linkages are attracted to regions with high manufacturing activity; and, second, that locations which accumulate R+D activities attract high-tech industries. Finally, one cost-oriented industry was found not to value agglomeration economies, being attracted instead to regions with low salary levels.
Subject (English)
Citation
Citation
PELEGRÍN SOLÉ, Àngels and BOLANCÉ LOSILLA, Catalina. Regional foreign direct investment in manufacturing. Do agglomeration economies matter?. IEB Working Paper 2006/02. [consulted: 15 of June of 2026]. Available at: https://hdl.handle.net/2445/119210