کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
7383922 1480546 2014 30 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Location choices of newly created establishments: Spatial patterns at the aggregate level
ترجمه فارسی عنوان
گزینه های مکان های تاسیسات تازه ایجاد شده: الگوهای فضایی در سطح کل
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی
This paper explores the problems associated with the location choice of newly created establishments at the aggregate level. Much work has been done in this domain, however, several issues arise when analyzing involved phenomena, which scholars have yet to fully explore: 1) addressing the excess of zeros problem in the location choice model in highly heterogeneous geographic areas and 2) determining an appropriate way to accommodate spatial effects for location decisions. We tested models that include both stocks of pre-existing establishments and variables that represent measures of accessibility to the workforce and population, proximity to shops, services, transport infrastructure, availability of land, as well as prices and tax levels. We concluded that an establishment does not act in isolation during its decision-making processes and that it is likely to be influenced by other establishments located nearby. When selecting the appropriate location in which to set up in the market, an establishment may consider not only the characteristics of a particular area, but also the characteristics of neighboring zones. Having estimated 84 nested and non-nested count data models, we found that the hurdle models are preferred for taking into account the presence of excess zeros. Hurdle models offer greater flexibility in modeling zero outcomes and relax the assumption that the zero observations and the positive observations come from the same data generating process. In addition, the paper finds that the models tested with the distance matrix indicate that the incorporation of spatial spillovers leads to an enhancement in the models' performance.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Regional Science and Urban Economics - Volume 48, September 2014, Pages 68-81
نویسندگان
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