Jones, Jonathan and Wren, Colin (2009) The dynamics of FDI location: a markov analysis for British regions. SERC Discussion Papers (SERCDP0035). Spatial Economics Research Centre (SERC), London School of Economics and Political Science, London, UK.
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Abstract
The paper uses the framework of Markov chains to examine convergence in the location of inward foreign direct investment across the regions of Great Britain over 1985-2005. An analysis is undertaken by industry group that disaggregates manufacturing and services. It finds convergence in regional FDI shares, both overall and by industry, which supports agglomeration. As explanations, a weakening of regional policy has led manufacturing FDI to spread-out from ‘north’ to ‘south’, but in services there is a shift in FDI location within the ‘south’ from core to contiguous regions, suggesting diseconomies at the core. The paper finds different spatial processes and draws implications for regional policy.
| Item Type: | Monograph (Discussion Paper) |
|---|---|
| Official URL: | http://www.spatialeconomics.ac.uk/SERC/publication... |
| Additional Information: | © 2009 Jonathan Jones and Colin Wren |
| Divisions: | Spatial Economics Research Centre |
| Subjects: | G Geography. Anthropology. Recreation > G Geography (General) H Social Sciences > HC Economic History and Conditions |
| Date Deposited: | 24 Mar 2011 11:20 |
| Last Modified: | 15 Sep 2023 23:18 |
| URI: | http://eprints.lse.ac.uk/id/eprint/33497 |
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