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Location trends of large company headquarters during the 1990s

Author

Listed:
  • Thomas H. Klier
  • William A. Testa

Abstract

This article documents changes in the spatial distribution of corporate headquarters of large U.S.-domiciled corporations during the 1990s. The authors find that the largest metropolitan areas continue to host a disproportionate share of headquarters, but there have been significant shifts toward cities with population between one and two million.

Suggested Citation

  • Thomas H. Klier & William A. Testa, 2002. "Location trends of large company headquarters during the 1990s," Economic Perspectives, Federal Reserve Bank of Chicago, issue Q II, pages 12-26.
  • Handle: RePEc:fip:fedhep:y:2002:i:qii:p:12-26:n:v.26no.2
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    References listed on IDEAS

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    1. Robert DeYoung & William Hunter & Gregory Udell, 2004. "Whither the Community Bank?," Journal of Financial Services Research, Springer;Western Finance Association, vol. 25(2), pages 81-84, April.
    2. Michael E. Porter, 2000. "Location, Competition, and Economic Development: Local Clusters in a Global Economy," Economic Development Quarterly, , vol. 14(1), pages 15-34, February.
    3. Ono, Yukako, 2003. "Outsourcing business services and the role of central administrative offices," Journal of Urban Economics, Elsevier, vol. 53(3), pages 377-395, May.
    4. Alan W. Evans, 1973. "The Location of the Headquarters of Industrial Companies," Urban Studies, Urban Studies Journal Limited, vol. 10(3), pages 387-395, October.
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    Citations

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    Cited by:

    1. Pantzalis, Christos & Park, Jung Chul, 2014. "Too close for comfort? Geographic propinquity to political power and stock returns," Journal of Banking & Finance, Elsevier, vol. 48(C), pages 57-78.
    2. Murat Arik, 2006. "The Health Care Industry in the Nashville MSA: Its Scope and Impact on the Regional Economy," Studies 200706, Middle Tennessee State University, Business and Economic Research Center.
    3. Deschryvere, Matthias, 2009. "Mobility of Corporate Headquarter Functions: A Literature Review," Discussion Papers 1203, The Research Institute of the Finnish Economy.
    4. Bryan W. Husted & Dima Jamali & Walid Saffar, 2016. "Near and dear? The role of location in CSR engagement," Strategic Management Journal, Wiley Blackwell, vol. 37(10), pages 2050-2070, October.
    5. Pietro Alessandrini & Andrea Filippo Presbitero & Alberto Zazzaro, 2008. "Global Banking and Local Markets," Mo.Fi.R. Working Papers 4, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
    6. repec:bla:jomstd:v:54:y:2017:i:8:p:1206-1240 is not listed on IDEAS
    7. James E. Rauch & Joel Watson, 2015. "Client-Based Entrepreneurship," Journal of Law, Economics, and Organization, Oxford University Press, vol. 31(1), pages 30-60.
    8. Beckstead, Desmond & Brown, W. Mark, 2006. "L'emploi dans les sieges sociaux au Canada, de 1999 a 2005," Apercus sur l'economie canadienne 2006014f, Statistics Canada, Division de l'analyse economique.
    9. Baldwin, John R. & Brown, W. Mark, 2005. "Foreign Multinationals and Head Office Employment in Canadian Manufacturing Firms," Economic Analysis (EA) Research Paper Series 2005034e, Statistics Canada, Analytical Studies Branch.
    10. Card, David & Hallock, Kevin F. & Moretti, Enrico, 2010. "The geography of giving: The effect of corporate headquarters on local charities," Journal of Public Economics, Elsevier, vol. 94(3-4), pages 222-234, April.
    11. Beckstead, Desmond & Brown, W. Mark, 2006. "Head Office Employment in Canada, 1999 to 2005," Insights on the Canadian Economy 2006014e, Statistics Canada, Economic Analysis Division.

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