On the Optimum Location of Modern Firms

Chao-cheng Mai and Hong Hwang

Chapter 12 in Does Economic Space Matter?, 1993, pp 229-247 from Palgrave Macmillan

Abstract: Abstract The birth of industrial location theory is generally dated 1909, when Weber published his book entitled Uber den Standort der Industrien. This theory is later extended by Isard (1956), Moses (1958), Sakashita (1967), Bradfield (1971), Emerson (1973), Woodward (1973), Khalili, Mathur and Bodenhorn (1974), Miller and Jensen (1978), Mathur (1979), Mai (1981, 1984), Eswaran, Kanemoto and Ryan (1981), Shieh and Mai (1984), Hurter and Martinich (1989) and others. All these papers consider location in a heterogeneous cost space and define the optimum location in terms of the search for cost minimization or profit maximization under conditions where the demand factor is held constant and where locational interdependence of firms is disregarded.1

Keywords: Optimal Location; Production Function; Market Demand; Profit Maximization; Reaction Function (search for similar items in EconPapers)
Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-22906-2_13

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DOI: 10.1007/978-1-349-22906-2_13

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