Strategic investment and industry location in a footloose capital model of economic geography

被引：1
|
作者：
Fujiwara, Kenji [1 ]
机构：
[1] Kwansei Gakuin Univ, Sch Econ, Uegahara 1-1-155, Nishinomiya, Hyogo 6628501, Japan
来源：
ECONOMICS LETTERS | 2021年 / 203卷
关键词：
Footloose capital model; Strategic investment; Industry location; HOME BIAS;
D O I：
10.1016/j.econlet.2021.109843
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper examines how strategic investment of capitalists affects the industry location in a footloose capital model. We show that the home market effect is robust but is moderated when capitalists strategically invest. That is, the industry location is closer to dispersion when capitalists are strategic than when they are atomic. (C) 2021 Elsevier B.V. All rights reserved.
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页数：3
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