Product Market Competition and the Relocation of Economic Activity
Product Market Competition and the Relocation of Economic Activity

Author: Chen Chen

Publisher:

Published: 2020

Total Pages: 69

ISBN-13:

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We show that increasing competition changes the location of economic activity and, in turn, affects supply chain relationships. Using establishment-level data, we find that when upstream product markets become more competitive, suppliers are more likely to relocate their establishments closer to customers. Following the supplier's relocation, its sales to the customer increase, its relationship with the customer is less likely to be terminated, and its innovation is more aligned with the customer's innovation. However, the improved relationship, by causing the supplier to engage more in innovation dedicated to the customer, adversely affects creative innovation, which is known to drive growth.

Relocation of Economic Activity
Relocation of Economic Activity

Author: Paweł Capik

Publisher: Springer

Published: 2018-08-30

Total Pages: 192

ISBN-13: 3319922823

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This timely volume provides a thorough analysis of current trends in location and relocation of economic activity globally, regionally and locally. Using robust empirical material this book offers a multidisciplinary, comprehensive overview, critique and extension of long-established theories underpinning patterns of firm (re)location. It explores dominant trends in the mobility and relocation of industries and firms, examines the factors guiding such trends and evaluates their consequences in both developed and emerging economies in Europe, Asia and Latin America. This book will be appreciated by diverse audiences. Geography and regional science researchers of ‘economic activity location’ can engage with the critical appraisal of key theoretical concepts and an analysis of recent empirical data. Students of human and economic geography, planning, regional development, and global supply chain management in senior years of undergraduate programmes and completing postgraduate degrees will appreciate the accessible language, multiple examples and graphical illustrations of theoretical frameworks underpinning location and relocation of firms and industries, and its consequences. Practitioners, including local and regional policy makers and location consultants will enjoy the comparative discussion of solutions and practices adopted in localities, regions and countries as diverse as China, Brazil, The Netherlands and Poland.

PRODUCT MARKET ACTIVITY AND EQUITY RETURN GOODS
PRODUCT MARKET ACTIVITY AND EQUITY RETURN GOODS

Author: Elio E

Publisher: Elio Endless Publishers

Published: 2023-08-08

Total Pages: 0

ISBN-13: 9781761937491

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In the field of economics, competition refers to a scenario in which many economic companies [Note 1] compete with one another to obtain commodities that are limited by modifying one or more of the following components of the marketing mix: price, product, promotion, or place. In the traditional school of economic thought, competition drives commercial enterprises to produce new goods, services, and technologies. These advancements would provide customers with a wider range of options and higher quality goods. When there is a greater variety of a product available on the market, prices for those products are often cheaper in comparison to what they would be if there was either no competition (a monopoly) or very little competition (an oligopoly). The amount of competition that is present in the market is determined by a range of factors, including the number of firms, the obstacles that stand in the way of new firms entering the market, the information that is available, and the availability and accessibility of resources.

Product Market Competition, Investment and Employment-abundant Versus Job-poor Growth
Product Market Competition, Investment and Employment-abundant Versus Job-poor Growth

Author: Yu-Fu Chen

Publisher:

Published: 2005

Total Pages: 27

ISBN-13:

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The role of product market reforms in achieving the objective of higher employment and growth has recently received much attention amongst academics. The aim of this paper is to analyse some of the channels through which cross-market effects come about and to assess their policy relevance. The analytic strategy of this paper relies upon the stochastic real options modelling approach. In a nutshell, our simulations using numerical methods indicate that comprehensive product market reforms would increase factor demand and growth significantly in the medium and long run.