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Erscheinungsjahr: 
2004
Schriftenreihe/Nr.: 
IFS Working Papers No. 04/06
Verlag: 
Institute for Fiscal Studies (IFS), London
Zusammenfassung: 
We examine whether discretionary government grants influence the location of new plants, and how effective these incentives are in the presence of agglomeration and urbanisation externalities. We find evidence that regional industrial structure affects the location of new entrants. Firms in more agglomerated industries locate new plants near to others in the same industry. Firms are also attracted to industrially diversified locations. Foreign multinationals locate new plants near to other foreign-owned plants in the same industry. Fiscal incentives in the form of grants are found to have some effect in attracting plants to specific geographic areas eligible for such aid.
Schlagwörter: 
Firm location
agglomeration
selective assistance
regional policy
JEL: 
R12
R3
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

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