Publication: Agglomeration, accessibility and industrial location: evidence from spanish municipalities
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2011
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Facultad de Ciencias Económicas y Empresariales. UCM
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This paper deals with the location decisions of manufacturing firms in Spain. We analyse how agglomeration economies and transport accessibility influence the location decisions of firms at municipality level and in three industries. The main empirical contributions of this paper are the econometric techniques used (spatial econometric models) and some of the explanatory variables (local gross domestic product, road accessibility, and the characteristics of firms in neighbouring municipalities). The results show that agglomeration economies and accessibility are important in industrial location decision-making.
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JEL Classification Codes: R10, R12, R15, R30.
Corresponding author: Ángel Alañón-Pardo., Facultad de CC. Económicas y Empresariales, Universidad Complutense de Madrid, Departamento de Economía Aplicada I, Campus de Somosaguas, 28223 Pozuelo de Alarcón (Spain), angel@ccee.ucm.es. Josep-Maria Arauzo-Carod, Universitat Rovira i Virgili, Facultat de Ciènces Econòmiques i Empresarials, Departament Economia (QURE-CREIP), Av. Universitat, 1, 43204, Reus (Spain), josepmaria.arauzo@urv.cat. This research was supported by the Spanish Ministerio de Fomento (Transport research grant: FOM 1124/2002 and R+D Project in Transport: FOM/486/2003 and FOM/3595/2003) and CICYTs (SEJ2007-64605/ECON) and (ECO2010-19088). A preliminary version of the first part of this project was presented at the “Workshop on Firm Demography and Industrial Location” held at the Rovira i Virgili University (Reus) and is published in Arauzo, J.M. and Manjón, M.C. (eds.) (2007): Entrepreneurship, Industrial Location and Economic Growth, Edward Elgar, Cheltenham. The second author also received funds from the CICYT (SEJ2007-65086/ECON) , from the Xarxa de Referència d’R+D+I en Economia i Polítiques Públiques (Catalan Government) and from the PGIR program N-2008PGIR/05 of the Rovira i Virgili University.This paper was partly written while the first author was a visiting fellow at the Real Colegio Complutense at Harvard University. The hospitality of this institution is greatly acknowledged. Any errors are, of course, our own.
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