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Strategic investment and industry location in a footloose capital model of economic geography
Economics Letters ( IF 1.469 ) Pub Date : 2021-04-05 , DOI: 10.1016/j.econlet.2021.109843
Kenji Fujiwara

This paper examines how strategic investment of capitalists affects the industry location in a footloose capital model. We show that the home market effect is robust but is moderated when capitalists strategically invest. That is, the industry location is closer to dispersion when capitalists are strategic than when they are atomic.



中文翻译:

经济地理基础松散资本模型中的战略投资和产业定位

本文研究了资本家的战略投资如何在自由资本模型中影响行业位置。我们表明,本土市场的影响是强劲的,但在资本家进行战略投资时会有所缓和。就是说,当资本家具有战略性时,行业位置比它们具有原子性时更接近分散。

更新日期:2021-04-11
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