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The Location of Industry

Gustav Papanek
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Gustav Papanek: Harvard University, USA.

The Pakistan Development Review, 1970, vol. 10, issue 3, 291-309

Abstract: PAPANEKLocation theory must be one of economic theory's least applied branches. The theoretical literature on industrial location is extensive, the empirical evidence sparse. There are many reasons for the gap between theory and evidence. It has proved difficult to measure the impact of location on costs and returns since data are not available on enterprises with similar production functions, but different locations. The responses of industrialists to questions about location decisions give unreliable results since sample surveys of industrialists are inevitably biased by the exclusion of those who considered but rejected a particular location or who failed because they made the wrong locational decisions.

Date: 1970
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