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Industrial Location and Spatial Dependence: An Empirical Application
时间:2017-04-14

【摘要】This paper tries to resolve some of the main shortcomings in the empirical literature on location decisions for new plants, that is, spatial effects and over-dispersion. Spatial effects are omnipresent, being a source of over-dispersion in the data as well as a factor shaping the functional relationship between the variables that explain a firm’s location decisions. Using count data models, empirical researchers have dealt with over-dispersion and excess zeros by developments of the Poisson regression model. This study aims to take this a step further by adopting Bayesian methods and models in order to tackle the excess of zeros, spatial and nonspatial over-dispersion, and spatial dependence simultaneously. Data for Catalonia (Spain) are used and location determinants are analysed to that end. The results show that spatial effects are determinant. Additionally, over-dispersion is decomposed into an unstructured independently and identically distributed (i.i.d.) effect and a spatially structured effect

【关键词】Bayesian analysis; Spatial models; Firm location

【文献来源】Daniel Liviano; Josep-Maria Arauzo-Carod.regional studies.2014(4)