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Location Determinants of New Firms: Does Skill Level of Human Capital Really Matter?

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  • Josep-Maria Arauzo-Carod

Abstract

This paper is about the role played by stock of human capital on location decisions of new manufacturing plants. We analyse the effect of several skill levels (from basic school to PhD) on decisions about the location of plants in various industries and, therefore, of different technological levels. We also test whether spatial aggregation level biases the results and determine the most appropriate areas to be considered in analyses of these phenomena. Our main statistical source is the Register of Manufacturing Establishments of Catalonia (REIC), which has plant-level microdata on the locations of new manufacturing plants. Keywords: agglomeration economies, industrial location, human capital, count-data models, spatial econometrics.
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  • Josep-Maria Arauzo-Carod, 2013. "Location Determinants of New Firms: Does Skill Level of Human Capital Really Matter?," Growth and Change, Wiley Blackwell, vol. 44(1), pages 118-148, March.
    • Handle: RePEc:bla:growch:v:44:y:2013:i:1:p:118-148
    DOI: 10.1111/grow.2013.44.issue-1
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    Cited by:

    1. Ilanit Gavious & Yaron Lahav & Meir Russ, 2016. "Changes in the value implications of compensation costs throughout the economic cycle: an examination of high-tech versus low-tech industries," Asia-Pacific Journal of Accounting & Economics, Taylor & Francis Journals, vol. 23(2), pages 200-223, June.
    2. Federico Pablo-Martí & Josep-Maria Arauzo-Carod, 2020. "Spatial distribution of economic activities: a network approach," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 15(2), pages 441-470, April.
    3. Adán Jacinto Flores Flores & Maritza Álvarez Herrera & Francisco García Fernández, 2017. "Factores determinantes de la localización del sector eléctrico-electrónico en México," Nóesis. Revista de Ciencias Sociales y Humanidades, Nóesis. Revista de Ciencias Sociales y Humanidades, vol. 26, pages 20-44, 51.
    4. Andrés Artal-Tur & José Miguel Navarro-Azorín & Antonio García-Sánchez & María Luisa Alamá-Sabater, 2012. "The Role of Destination Spatial Spillovers and Technological Intensity in the Location of Manufacturing and Services Firms," Environment and Planning B, , vol. 39(6), pages 991-1005, December.
    5. Minghao Li & Stephan J. Goetz & Mark Partridge & David A. Fleming, 2016. "Location determinants of high-growth firms," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 28(1-2), pages 97-125, January.
    6. Astrid Krenz, 2024. "What makes German manufacturing plants move locations?," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 72(4), pages 1129-1157, April.
    7. Gehringer, Agnieszka & Krenz, Astrid, 2014. "European market integration and the determinants of firm localization: The case of Poland," University of Göttingen Working Papers in Economics 190, University of Goettingen, Department of Economics.
    8. Sara Cruz & Aurora A.C. Teixeira, 2014. "The determinants of spatial location of creative industries start-ups: Evidence from Portugal using a discrete choice model approach," FEP Working Papers 546, Universidade do Porto, Faculdade de Economia do Porto.
    9. Martín-Barroso, David & Núñez-Serrano, Juan A. & Velázquez, Francisco J., 2017. "Firm heterogeneity and the accessibility of manufacturing firms to labour markets," Journal of Transport Geography, Elsevier, vol. 60(C), pages 243-256.

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