Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/87417 
Year of Publication: 
2012
Series/Report no.: 
Tinbergen Institute Discussion Paper No. 12-063/3
Publisher: 
Tinbergen Institute, Amsterdam and Rotterdam
Abstract: 
In the modern economy, cities are assumed to be in fierce competition over attracting foreign investments in leading sectors of the world economy. Despite the rich theoretical discourse on these 'wars', it remains unclear which territories are competing with each other over which types of investments Combining insights from international economics, international business, and urban systems literature, we develop an indicator to measure revealed competition between territories for investments based on the overlap of investment portfolios of regions. Taking competition for greenfield investments between European regions as a test subject, we identify competitive market segments, derive the competitive threat a region faces from other regions, the competitive threat regions pose to other regions, and the most important market segments in which regions compete. We show that European regions with similar locational endowments pose a fiercer competitive thre at to one another. In addition, regions that are sufficiently large and distinctive, face the smallest average competitive threat from all other regions.
Subjects: 
territorial competition
greenfield investments
Europe
JEL: 
R12
F21
H70
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

Files in This Item:
File
Size
746.1 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.