44 research outputs found
Entry in Greek manufacturing industry: Athens vs the rest of Greece
The paper reports an attempt to estimate the determinants of entry in Greek manufacturing industry in the 1984-87 period and to identify the differences between locatio nal entry preferences. Entry in Athens is found to be hesitant with respect to factors such as profitability and increased competition. Conversely, entry in the rest of the country is strongly related to expected profits and safe markets, negatively affected by relative labour costs and indifferent to international competition threats. The `healthier’ approach of regional entry is enhancing regional development prospects and partly justifies the strict regional policies of the 1980s.firm entry; location; manufacturing
Entry and exit from Greek manufacturing industry: a test of the symmetry hypothesis
The paper examines the role of trade patterns in the entry and exit decisions of firms and tests the existence of symmetry between entry and exit factors. Trade patterns were found, through their entry and exit impact, to affect the structure of Greek industry rather unfavourably. Prospects seem to be bleaker within the integrated European market of the 1990s. The lack of symmetry leads to increasing concentration. The gloomy outlook is improved by the strong stand of existing, competitive firms
Entry in Greek manufacturing industry: Athens vs the rest of Greece
The paper reports an attempt to estimate the determinants of entry in Greek manufacturing industry in the 1984-87 period and to identify the differences between locatio nal
entry preferences. Entry in Athens is found to be hesitant with respect to factors such as profitability and increased competition. Conversely, entry in the rest of the country is strongly related to expected profits and safe markets, negatively affected by relative labour costs and indifferent to international competition threats. The `healthier’ approach of regional entry is enhancing regional development prospects and partly justifies the strict regional policies of the 1980s
Entry and exit from Greek manufacturing industry: a test of the symmetry hypothesis
The paper examines the role of trade patterns in the entry and exit decisions of firms and tests the existence of symmetry between entry and exit factors. Trade patterns were found, through their entry and exit impact, to affect the structure of Greek industry rather unfavourably. Prospects seem to be bleaker within the integrated European market of the 1990s. The lack of symmetry leads to increasing concentration. The gloomy outlook is improved by the strong stand of existing, competitive firms
Entry in Greek manufacturing industry: Athens vs the rest of Greece
The paper reports an attempt to estimate the determinants of entry in Greek manufacturing industry in the 1984-87 period and to identify the differences between locatio nal
entry preferences. Entry in Athens is found to be hesitant with respect to factors such as profitability and increased competition. Conversely, entry in the rest of the country is strongly related to expected profits and safe markets, negatively affected by relative labour costs and indifferent to international competition threats. The `healthier’ approach of regional entry is enhancing regional development prospects and partly justifies the strict regional policies of the 1980s
Organization of Multinational Activities and Ownership Structure
We develop a model in which multinational investors decide about the modes of organization, the locations of production, and the markets to be served. Foreign investments are driven by market-seeking and cost-reducing motives. We further assume that investors face costs of control that vary among sectors and increase in distance. The results show that (i) production intensive sectors are more likely to operate a foreign business independent of the investment motive, (ii) that distance may have a non-monotonous effect on the likelihood of horizontal investments, and (iii) that globalization, if understood as reducing distance, leads to more integration
Ecological Risks Assessment and Pollution Source Identification of Trace Elements in Contaminated Sediments from the Pearl River Delta, China
Foreign direct investment and technology spillovers: Which firms really benefit?
Foreign direct investment is thought to contribute to host economies by
increasing their efficiency either directly or through technology
diffusion. Such efficiency benefits are neither equally produced by
foreign firms nor equally distributed to all domestic firms. The special
question addressed in this study is related to how differentiated such
effects are depending on size and degree of (foreign) ownership. Based
on a sample of 3,742 manufacturing firms operating in Greece in 1997, it
is found that, while it is large, majority-held foreign firms that
exhibit higher productivity spillovers are important for small domestic
firms and stem mostly from small joint ventures where the foreign
partner owns a minor part of equity