TY - UNPB
T1 - Firm behaviour and public infrastructure
T2 - The case of Hungary
AU - Békés, Gábor
AU - Muraközy, Balázs
PY - 2005
Y1 - 2005
N2 - In the paper, we test the effect of local development, regional and local policies on the location decisions and productivity of firms. Development indicators include local research and development activity or education while policy decisions used in this study encompass for example tax rates, investment incentives or road construction. The study builds upon a large national panel of firms. Importantly, such a rich dataset has rarely been employed for productivity and location choice exercises. The paper is composed of two sections dealing with location choice and productivity, respectively and we compare the effect of variables used in both sections. Among others, we find that density of road network positively influenced location choice and productivity as well, while a somewhat larger size of administration helps new firms to settle but later on, it has no effect on productivity.
AB - In the paper, we test the effect of local development, regional and local policies on the location decisions and productivity of firms. Development indicators include local research and development activity or education while policy decisions used in this study encompass for example tax rates, investment incentives or road construction. The study builds upon a large national panel of firms. Importantly, such a rich dataset has rarely been employed for productivity and location choice exercises. The paper is composed of two sections dealing with location choice and productivity, respectively and we compare the effect of variables used in both sections. Among others, we find that density of road network positively influenced location choice and productivity as well, while a somewhat larger size of administration helps new firms to settle but later on, it has no effect on productivity.
UR - https://m2.mtmt.hu/api/publication/181700
M3 - Discussion paper
SN - 9639588431
T3 - Műhelytanulmányok = Discussion Papers ; MT-DP 2005/4.
BT - Firm behaviour and public infrastructure
PB - Institute of Economics, Hungarian Academy of Sciences
CY - Budapest
ER -