firm location

firm location

see INDUSTRIAL LOCATION.

firm location

the area where a firm chooses to locate its business. In principle, a profit-maximizing firm will locate where its production and distribution costs are minimized relative to revenues earned. Often firms are faced with competing pulls of nearness to their market (to reduce product distribution costs) and nearness to their raw material supplies (to reduce materials transport costs), and must seek to balance these costs. Some firms have little choice in this regard, service companies being forced to locate near customers, and mineral extraction companies having to locate near materials’ sources. Many firms are relatively footloose, though, and are free to locate anywhere, influenced by the general attractiveness of an area, the quality of its transport, communications and education infrastructure, and the skills and reputation of its workforce, etc. See INDUSTRIAL LOCATION, LOCATION OF INDUSTRY, REGIONAL POLICY.
References in periodicals archive ?
Patrick Anderson's Mennis Award-winning paper discusses the analytics of firm location decision-making.
It refers to market accessibility as a key determinant of firm location, regional economic growth, and development.
Historically, however, when incentives have affected firm location decisions, they often haven't led to a positive return on investment for governments due to the awards not being strategically targeted.
Three standard control variables were included in the estimation, firm sales, firm location (Managua = 1, otherwise = 0), and industry sector (manufacturing, retail, and other services; other services served as the reference category).
One finalist from each country will be announced in August 2018 as well as 10 runners-up regardless of firm location. Intuit will then provide a videographer and producer for each finalist to create a high-quality video entry focused on highlighting what makes their firm a Firm of the Future.
Holstrom is Assistant Managing Partner, Associate Attorney at Holstrom, Block & Parke APLC, at the Corona, California firm location. She manages and supports new clients, creating marketing strategies and handles her own caseload.
No firm location for where the bus station would move to after any development has yet been confirmed by Middlesbrough Council.
With the empirical literature generally concluding that corporate taxes adversely affect growth, our contribution is a theoretical framework that emphasizes the importance of considering the firm location decision, when estimating the size of the effects of corporate taxes on economic growth, as discussed in Gemmell, Kneller, and Sanz (2014).
Industry in Britain - An Atlas presents maps and charts setting out the latest data on firm location, together with geographic measures of employment, productivity and innovation.
"Industry in Britain - An Atlas" presents maps and charts setting out the latest data on firm location, together with geographic measures of employment, productivity, and innovation.
The present paper tries to investigate the economic determinants of firm location choice in the metropolitan/large cities in India by considering firm those are using FDI (i.e., more than 10 percent of foreign investment) in 2012-13.
The argument put forward in this study is that built form can also be considered as a key determinant of firm location, particularly for creative service industries, and is equally important to other economic drivers.