A county-level model of manufacturing plant recruitment with improved industrial site quality measurement
Kriesel, W. | McNamara, K.T.
Empirical analysis of manufacturing plant location requires the use of a single industrial site quality measure. Under hedonic price theory, the price of industrial sites can be explained by their quality characteristics. The estimated site price is included with ten other location factors in an ordered, categorical logit model of plant attraction to Georgia counties. The results inform public decisionmakers of the relative impact of site location factors and how changes in location factors can alter the probability of attracting a manufacturing plant.
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