Publications
Publications

Multinational Firms, Agglomeration, and Global Networks

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

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

General Management
More Publications

More from the Authors