| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5070 |
| 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 |
| URL | https://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. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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