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Firm-specific and location-specific drivers of business location and relocation decisions

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  • Camila Balbontin
  • David A. Hensher

Abstract

Decisions made by businesses on where to locate or relocate are typically given less consideration than residential location in integrated transport and land use modelling systems. This is surprising given the important role that businesses play in defining employment opportunities, and hence the travel patterns of workers and any travel associated with accessing firms. As part of a larger study on giving firm location choices an endogenous representation in an integrated model system, this paper reviews the existing literature on the drivers of location and relocation decisions in various geographical jurisdictions. The findings provide a starting position in the design of future firm-specific surveys, and especially the attributes that are candidates for stated choice experiments and for inclusion in firm location utility equations embedded in integrated strategic model systems.

Suggested Citation

  • Camila Balbontin & David A. Hensher, 2019. "Firm-specific and location-specific drivers of business location and relocation decisions," Transport Reviews, Taylor & Francis Journals, vol. 39(5), pages 569-588, September.
  • Handle: RePEc:taf:transr:v:39:y:2019:i:5:p:569-588
    DOI: 10.1080/01441647.2018.1559254
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    Cited by:

    1. Samani, Ali Riahi & Mishra, Sabyasachee & Golias, Mihalis & Lee, David J.-H., 2023. "What influences the location choice of establishments? An analysis considering establishment types and activities interactions," Journal of Transport Geography, Elsevier, vol. 111(C).
    2. Balbontin, Camila & Hensher, David A., 2020. "Identifying the role of stated process strategies in business location decisions," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 141(C).
    3. Dennis Gaus & Georg Hirte, 2023. "Agglomeration or Market Access? The Defining Factors of Firms' Location Choice," Discussion Papers of DIW Berlin 2045, DIW Berlin, German Institute for Economic Research.
    4. Jiang, Yonglei & Liao, Feixiong & Jin, Lianjie, 2021. "Effects of locational accessibility on firm diffusion characteristics: The case of Sino-Europe Economic Corridor," Transport Policy, Elsevier, vol. 105(C), pages 80-93.
    5. Yale Z. Wong & David A. Hensher, 2021. "Delivering mobility as a service (MaaS) through a broker/aggregator business model," Transportation, Springer, vol. 48(4), pages 1837-1863, August.
    6. Hensher, David A. & Ho, Chinh Q. & Ellison, Richard B., 2019. "Simultaneous location of firms and jobs in a transport and land use model," Journal of Transport Geography, Elsevier, vol. 75(C), pages 110-121.
    7. Biyue Lin & Shoukat Iqbal Khattak & Bei Zhao, 2021. "To Relocate Or Not to Relocate: A Logit Regression Model of Factors Influencing Corporate Headquarter Relocation Decision in China," SAGE Open, , vol. 11(3), pages 21582440211, July.

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