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SUMMARY:On the Relative Strength of Industrial Linkages and Spillovers in 
 Plant Location: Evidence for British Inward FDI\, 1985-2007. - Prof Colin 
 Wren\,  Newcastle University
DTSTART:20110126T160000Z
DTEND:20110126T170000Z
UID:TALK29023@talks.cam.ac.uk
CONTACT:Ellen Ihrig
DESCRIPTION:Traditionally\, regional economists stress the importance of p
 ecuniary external effects in the location of industry through market-based
  linkages\, but more recently attention has focused on spillovers in the f
 orm of knowledge and technology.  This paper takes data for 13\,000 foreig
 n direct investment (FDI) location decisions across the regions of Great B
 ritain to examine the relative strength of these agglomeration economies. 
  Linkages are measured at the regional level using input-output tables\, d
 isaggregated by forward and backward effects\, and several kinds of spillo
 ver are measured.  The paper finds that both types of economy are present\
 , but that market-based effects dominate the spillovers\, even for service
 s.   The paper provides support for the New Economic Geography over the Ne
 w Growth Theory as an explanation for location.
LOCATION:Mill Lane Lecture Rooms\, Room 4
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