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Multinational Firms, Agglomeration, and Global Networks

By: Laura Alfaro and Maggie Chen
  • Format:Electronic
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Abstract

Agglomeration effects are important but difficult to measure. This column uses a new database with precise geographical information to investigate the locational interdependence of multinational firms. Knowledge spillovers and capital- and labour-market externalities exert a significant effect on the co-agglomeration of multinational headquarters, while input-output linkages also play a significant role in the case of subsidiary co-agglomeration.

Keywords

Geographic Location; Business Subsidiaries; Industry Clusters; Multinational Firms and Management; Network Effects

Citation

Alfaro, Laura, and Maggie Chen. "Multinational Firms, Agglomeration, and Global Networks." Vox, CEPR Policy Portal (January 8, 2010).

About The Author

Laura Alfaro

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