What determines the location of industry? Using panel data econometrics and a new dataset on interwar Yugoslavia the predictions of three theories—Heckscher-Ohlin, New Economic Geography, and Path Dependence—are quantified and compared. Results show that all three theories mattered and that New Economic Geography forces played a dominant role. The consensus view that several theories can simultaneously explain the distribution of industrial activity is thus reinforced. The main novelty is that Path Dependence can affect the location of industry in addition to Heckscher-Ohlin and New Economic Geography forces.

中文翻译：

---

工业区位的决定因素：两次世界大战期间的南斯拉夫王国

什么决定了产业的位置？使用面板数据计量经济学和关于两次世界大战之间南斯拉夫的新数据集，对三种理论的预测-“黑克彻·奥林，新经济地理学和路径依赖”进行了量化和比较。结果表明，这三种理论都很重要，新经济地理学的力量起了主导作用。因此，强化了几种理论可以同时解释工业活动分布的共识观点。主要的新颖之处在于，路径依赖关系不仅会影响到Heckscher-Ohlin和新经济地理学力量，还会影响产业的位置。