Agglomeration economies, accessibility, and the spatial choice behavior of relocating firms
Loading...
View/Download File
Persistent link to this item
Statistics
View StatisticsJournal Title
Journal ISSN
Volume Title
Title
Agglomeration economies, accessibility, and the spatial choice behavior of relocating firms
Authors
Published Date
2011
Publisher
Journal of Transport and Land Use
Type
Article
Abstract
A growing body of empirical urban economic studies suggests that agglomeration and accessibility externalities are important sources of the uneven distribution of economic activities across cities and regions. At the same time, little is known about the importance of agglomeration economies for the actual location behavior of firms. This is remarkable, since theories that underlie agglomeration economies are microeconomic in nature. In a case study of the Dutch province of South Holland, we analyze micro-level data to determine the extent to which relocation decisions are dependent on accessibility and agglomeration externalities when controlling for firm characteristics. These externalities are measured with location attributes for both own-sector localization and urbanization economies and for proximity to transport infrastructures. The results confirm that firm relocation behavior is affected much more by firm-level attributes (size, age, and growth rate) than by agglomeration and accessibility attributes. Still, accessibility and agglomeration are significantly attached to firm relocations, though their effects vary over sectors. Own-sector and generalized external economies are more important for a firm’s location choices than proximity to transport infrastructure.
Description
JTLU vol 4, no 1, pp 5-24 (2011)
Related to
Replaces
License
Collections
Series/Report Number
Funding information
Isbn identifier
Doi identifier
10.5198/jtlu.v4i1.144
Previously Published Citation
Suggested citation
de Bok, Michiel; van Oort, Frank. (2011). Agglomeration economies, accessibility, and the spatial choice behavior of relocating firms. Retrieved from the University Digital Conservancy, 10.5198/jtlu.v4i1.144.
Content distributed via the University Digital Conservancy may be subject to additional license and use restrictions applied by the depositor. By using these files, users agree to the Terms of Use. Materials in the UDC may contain content that is disturbing and/or harmful. For more information, please see our statement on harmful content in digital repositories.