Proximity and Investment: Evidence from Plant-Level Data
Proximity to plants makes it easier for headquarters to monitor and acquire information about plants. In this article, I estimate the effects of headquarters’ proximity to plants on plant-level investment and productivity. Using the introduction of new airline routes as a source of exogenous variati...
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| Format: | Article |
| Language: | en_US |
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Oxford University Press
2014
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| Online Access: | http://hdl.handle.net/1721.1/87688 https://orcid.org/0000-0002-4620-4151 |