location of industry

the geographical spread of economic activity within an economy. A multitude of factors influence the location decisions of firms and industries, including proximity to raw material supplies, availability of labour, good communications and nearness to markets. Once an industry becomes established in a particular location, it tends to act as a focal point for further economic expansion, attracting, directly, the establishment of ancillary trades (component suppliers, back-up services, etc.) and, indirectly, other firms and industries through EXTERNAL ECONOMIES OF SCALE and regional MULTIPLIER effects. REGIONAL POLICY also has a significant effect on INDUSTRIAL LOCATION. See FIRM LOCATION.

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References in periodicals archive ?

(FBM) (NYSE: FBM) has finalised the acquisition of Atlanta, Georgia, US-based branch location of industry construction services provider Trident Distribution, Inc., the company said.

Deal snapshot: FOUNDATION BUILDING MATERIALS ACQUIRES BRANCH LOCATION OF TRIDENT DISTRIBUTION

DTI provincial director Ermelinda Pollentes said a survey of existing growers and plantations will be conducted to determine who and where the location of industry players are.

Philippines : Coffee production in Capiz given push

While the geographic impact is obvious, given the broad distribution and economic importance of the pulp and paper industry across the U.S., the location of industry facilities in rural areas adds another dimension.

Technology Summit II launches national training network

These trends are expected to continue, and rural sites will become more attractive for the location of industry. Policies to preserve natural environments, coupled with improved rural access through infrastructure investment, have a clear basis in economic efficiency, but limited impact on rural development.

Rural Policy and the New Regional Economics: Implications for Rural America

But he said there will be other benefits, insisting: "I am anxious to ensure that, as happened in Cork with the Kinsale Head Gas Field, the availability of gas in the locality is used to promote the location of industry there and to bring maximum benefits to the west of Ireland."

GAS FOR THE WEST VOW NOT HOT AIR; Fahey's pipeline pledge to Mayo

Second, Heckscher-Ohlin theory is, unsurprisingly, not good at explaining the location of industry across areas where factor endowments are broadly similar (as in much of Western Europe) or within which factors of production are highly mobile (the USA).

Lall analyses the export performance of developing countries, while Hanson and Amiti focus on location of industry in the North American Free Trade Area and in Europe respectively.

The assessment: trade and location

The clustering of Irish and German New Yorkers is attributable as much to the location of industry, the stratified labor market, and the timing of immigration as to shared cultural values.

The Unbounded Community: Neighborhood Life and Social Structure in New York City, 1830-1875

Analysis in the preceding chapters raises several policy issues related to the areas of industrial trade, industrial planning, industrial concentration and competition, regulation of TNCs, technology, public enterprise regulation and location of industry. These issues have been critically analysed in the concluding chapter.

C. H. Kirkpatrick, N. Lee and F. I. Nixon. Industrial Structure and Policy in Less Developed Countries

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