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A County-Level Model Of Manufacturing Plant Recruitment With Improved Industrial Site Quality Measurement

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  • Kriesel, Warren
  • McNamara, Kevin T.

Abstract

Empirical analysis of manufacturing plant location requires the use of a single industrial site quality measure. Under hedonic price theory, the price of industrial sites can be explained by their quality characteristics. The estimated site price is included with ten other location factors in an ordered, categorical logit model of plant attraction to Georgia counties. The results inform public decision-makers of the relative impact of site location factors and how changes in location factors can alter the probability of attracting a manufacturing plant.

Suggested Citation

  • Kriesel, Warren & McNamara, Kevin T., 1991. "A County-Level Model Of Manufacturing Plant Recruitment With Improved Industrial Site Quality Measurement," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 23(01), pages 1-7, July.
    • Handle: RePEc:ags:sojoae:30281
    DOI: 10.22004/ag.econ.30281
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    References listed on IDEAS

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    1. Newman, Robert J. & Sullivan, Dennis H., 1988. "Econometric analysis of business tax impacts on industrial location: What do we know, and how do we know it?," Journal of Urban Economics, Elsevier, vol. 23(2), pages 215-234, March.
    2. Smith, Eldon D. & Deaton, Brady J. & Kelch, David R., 1978. "Location Determinants of Manufacturing Industry in Rural Areas," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 10(1), pages 23-32, July.
    3. Miranowski, John & Dinan, T., 1989. "Estimating the Implicit Price of Energy Efficiency Improvement in the Residential Housing Market: A Hedonic Approach," Staff General Research Papers Archive 10698, Iowa State University, Department of Economics.
    4. Debertin, David L. & Pagoulatos, Angelos & Smith, Eldon D., 1980. "Estimating Linear Probability Functions: A Comparison of Approaches," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 12(2), pages 65-69, December.
    5. Kevin T. McNamara & Warren P. Kriesel, 1988. "Manufacturing Location: the Impact of Human Capital Stocks and Flows," The Review of Regional Studies, Southern Regional Science Association, vol. 18(1), pages 42-48, Winter.
    6. Kriesel, Warren P. & Deaton, Brady J. & Johnson, Thomas G., 1984. "Industrial development as a community investment decision," 1984 Annual Meeting, August 5-8, Ithaca, New York 279049, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Dinan, Terry M. & Miranowski, John A., 1989. "Estimating the implicit price of energy efficiency improvements in the residential housing market: A hedonic approach," Journal of Urban Economics, Elsevier, vol. 25(1), pages 52-67, January.
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    1. repec:rre:publsh:v:36:y:2006:i:2:p:140-62 is not listed on IDEAS
    2. Henderson, Jason R. & McNamara, Kevin T., 2000. "The Location Of Food Manufacturing Plant Investments In Corn Belt Counties," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 25(2), pages 1-18, December.
    3. Dayton M. Lambert & Kevin T. McNamara, 2009. "Location determinants of food manufacturers in the United States, 2000–2004: are nonmetropolitan counties competitive?," Agricultural Economics, International Association of Agricultural Economists, vol. 40(6), pages 617-630, November.
    4. Carlson, Virginia, 2000. "Studying Firm Locations: Survey Responses vs. Econometric Models," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 30(01), pages 1-22.
    5. He-Lambert, Lixia & English, Burton C. & Lambert, Dayton M. & Shylo, Oleg & Larson, James A. & Yu, T. Edward & Wilson, Bradly, 2018. "Determining a geographic high resolution supply chain network for a large scale biofuel industry," Applied Energy, Elsevier, vol. 218(C), pages 266-281.

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