Revealed Competition for Greenfield Investments between European Regions

Martijn Burger, Bert van der Knaap () and Ronald S. Wall ()
Additional contact information
Bert van der Knaap: Erasmus University Rotterdam
Ronald S. Wall: Institute for Housing and Urban Studies, Erasmus University Rotterdam

No 12-063/3, Tinbergen Institute Discussion Papers from Tinbergen Institute

Abstract: In the modern economy, cities are assumed to be in fierce competition over attracting foreign investments in leading sectors of the world economy. Despite the rich theoretical discourse on these 'wars', it remains unclear which territories are competing with each other over which types of investments Combining insights from international economics, international business, and urban systems literature, we develop an indicator to measure revealed competition between territories for investments based on the overlap of investment portfolios of regions. Taking competition for greenfield investments between European regions as a test subject, we identify competitive market segments, derive the competitive threat a region faces from other regions, the competitive threat regions pose to other regions, and the most important market segments in which regions compete. We show that European regions with similar locational endowments pose a fiercer competitive thre at to one another. In addition, regions that are sufficiently large and distinctive, face the smallest average competitive threat from all other regions.

Keywords: territorial competition; greenfield investments; Europe (search for similar items in EconPapers)
JEL-codes: F21 H70 R12 (search for similar items in EconPapers)
Date: 2012-07-06
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://papers.tinbergen.nl/12063.pdf (application/pdf)

Related works:
Journal Article: Revealed competition for greenfield investments between European regions (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tin:wpaper:20120063

Access Statistics for this paper

More papers in Tinbergen Institute Discussion Papers from Tinbergen Institute Contact information at EDIRC.
Bibliographic data for series maintained by Tinbergen Office +31 (0)10-4088900 ().