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Firm location, interaction, and local characteristics: A case study for Madrid's electronics sector

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  • Miguel Gómez‐Antonio
  • Stuart Sweeney

Abstract

We use geo‐referenced establishment data to estimate parameters of a Gibbs model. The statistical model is used to decompose the conditional intensity of the spatial point process into trend and interaction components. The trend captures covariates related to firms' costs, accessibility to public transport infrastructures, to technical universities and to cultural and recreational facilities. The ability to specify a Geyer interaction component captures the existence of additional spillovers providing a deeper insight into inter‐establishment spatial dynamics. The results challenge some of the outcomes of the inter‐urban industrial location literature, confirming that spatial aggregation compromises results in studies of business location. Firms' location decisions are dominated by site costs, with transportation costs being much less of a consideration; universities geographical knowledge spillovers are confirmed for large establishments; and amenities are unlikely to be important location factors. Se utilizan datos de establecimiento georeferenciados para estimar los parámetros de un modelo de Gibbs. El modelo estadístico se utiliza para descomponer la intensidad condicional del proceso del punto espacial en componentes de tendencia e interacción. La tendencia acoge covariables relacionadas con los costes de las empresas y con la accesibilidad a la infraestructura de transporte público, a las universidades técnicas y a las instalaciones culturales y recreativas. La capacidad de especificar un componente de interacción de Geyer captura la existencia de spillovers adicionales que proporcionan una visión más profunda de la dinámica espacial entre establecimientos. Los resultados cuestionan algunos de los resultados de la literatura sobre localización industrial interurbana, y confirman que la agregación espacial ponen en duda los resultados en los estudios de localización de empresas. Las decisiones de localización de las empresas están dominadas por los costes del emplazamiento, siendo los costes del transporte mucho menos importantes. Se confirman los spillovers de conocimiento geográficos de las universidades para los grandes establecimientos. Además, es poco probable que los servicios sean factores de localización importantes. 本稿では、ジオリファレンスで確立したデータを使用して、ギブスサンプリングモデルのパラメータを推計する。このギブスサンプリングモデルは、空間点過程の条件付き強度をトレンドと相互作用の成分に分解するために使用される。トレンドは、企業の費用や、公共の交通運送インフラ、工科系の大学、文化および娯楽施設、以上へのアクセシビリティに関する共変量を捕捉する。Geyerの相互作用成分を特定する能力は、組織相互間の空間ダイナミクスのより深い理解をもたらす付加的なスピルオーバーの存在を捕捉する。結果は、都市間にまたがる産業立地に関する一部の研究の結果に疑問を呈するものであり、空間集積性はビジネスの立地に関する研究の結果を損なうことが確認された。企業の立地は、ほとんど現地の費用によって決定するが、それに比べて輸送コストが考慮されることはかなり少ない。すなわち、巨大な組織では、大学による地理的な知識スピルオーバーが認められるが、アメニティは立地の要因として重要ではないように見られる。

Suggested Citation

  • Miguel Gómez‐Antonio & Stuart Sweeney, 2018. "Firm location, interaction, and local characteristics: A case study for Madrid's electronics sector," Papers in Regional Science, Wiley Blackwell, vol. 97(3), pages 663-685, August.
  • Handle: RePEc:bla:presci:v:97:y:2018:i:3:p:663-685
    DOI: 10.1111/pirs.12274
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    Cited by:

    1. Champagne, Marie-Pier & Dubé, Jean, 2023. "The impact of transport infrastructure on firms’ location decision: A meta-analysis based on a systematic literature review," Transport Policy, Elsevier, vol. 131(C), pages 139-155.
    2. Konstantin Axenov & Alisa Timoshina & Alexandra Zemlyanova, 2020. "Commercial redevelopment of industrial and residential periphery of Russian metropolis: St. Petersburg, 1989–2017," Regional Science Policy & Practice, Wiley Blackwell, vol. 12(4), pages 705-722, August.
    3. Gabriel Lang & Eric Marcon & Florence Puech, 2020. "Distance-based measures of spatial concentration: introducing a relative density function," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 64(2), pages 243-265, April.
    4. Miguel Gómez-Antonio & Stuart Sweeney, 2021. "Testing the role of intra-metropolitan local factors on knowledge-intensive industries’ location choices," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 66(3), pages 699-728, June.

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