G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5070
DP5070 Why and Where do Headquarters Move?
Xavier Vives; Vanessa Strauss-Kahn
发表日期2005-05-23
出版年2005
语种英语
摘要This paper analyses decisions regarding the location of headquarters in the US for the period 1996-2001. Using a unique firm-level database of about 30,000 US headquarters, we study the firm- and location-specific characteristics of headquarters that relocated over that period. Headquarters are concentrated, increasingly so in medium-sized service-oriented metropolitan areas, and the rate of relocation is significant (5% a year). Larger (in terms of sales) and younger headquarters tend to relocate more often, as well as larger (in terms of the number of headquarters) and foreign firms, and firms that are the outcome of a merger. Headquarters relocate to metropolitan areas with good airport facilities, low corporate taxes, low average wages, high level of business services and agglomeration of headquarters in the same sector of activity.
主题Industrial Organization ; International Trade and Regional Economics
关键词Agglomeration externalities Business services Communication costs Congestion Corporate history Mergers Nested logit Taxes
URLhttps://cepr.org/publications/dp5070
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/533964
推荐引用方式
GB/T 7714
Xavier Vives,Vanessa Strauss-Kahn. DP5070 Why and Where do Headquarters Move?. 2005.
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