The determinants of the location of multinational firms in developing countries: The British experience
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The determinants of the location of multinational firms in developing countries: The British experienceAutoria
Tutor/Supervisor; Universitat.Departament
Alguacil Marí, María Teresa; Universitat Jaume I. Departament d'EconomiaData de publicació
2017-07-12Editor
Universitat Jaume IResum
In this paper, we use firm-level data to analyse the key determinants of the location of
British multinational firms (MNFs) in developing countries. We pay particular attention to the potential
differences in this ... [+]
In this paper, we use firm-level data to analyse the key determinants of the location of
British multinational firms (MNFs) in developing countries. We pay particular attention to the potential
differences in this matter between manufacturing and services firms and across regions. With this
aim, we estimate a set of mixed logit models, allowing us to account for the existence of different
substitution patterns among alternative destinations. According to our expectations, the results
confirm the relevance of agglomeration forces and market potential in the location of MNFs in
developing countries. In addition, findings show that the distance between the home and the host
country, the colony past as well as the inflation rate play a key role in the location choice of British
MNFs. Finally, we also find empirical evidence that the effect of GDP per capita and the skilled
labour differs considerably when considering different regions. [-]
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Treball Final de Grau en Economia. Codi: EC1049. Curs acadèmic: 2016/2017
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info:eu-repo/semantics/bachelorThesisDrets d'accés
info:eu-repo/semantics/openAccess
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- Grau en Economia [292]
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