Corporate Geography in Multi-Plant Firms

37 Pages Posted: 15 May 2012

Date Written: April 27, 2012

Abstract

This paper focuses on how multi-plant firms allocate their workforce and investments between headquarters or plants located in or close to the headquarters area (HQ plants) and those located in the same country but farther away from the headquarters area (non-HQ plants). Using survey data on Italian industrial multi-plant firms for the last decade, we find that, for the same firm, employment and investments grow significantly less in non-HQ plants compared to HQ plants. We discuss several possible interpretations of these "corporate geography" patterns.

Keywords: multi-plant firms, firm headquarters, employment, investment, Italy

JEL Classification: R30, L20, F23

Suggested Citation

Cappariello, Rita and Federico, Stefano and Zizza, Roberta, Corporate Geography in Multi-Plant Firms (April 27, 2012). Bank of Italy Temi di Discussione (Working Paper) No. 865. Available at SSRN: https://ssrn.com/abstract=2057873 or http://dx.doi.org/10.2139/ssrn.2057873

Rita Cappariello

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

Stefano Federico

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

Roberta Zizza (Contact Author)

Bank of Italy ( email )

Via Nazionale 91
00184 Roma
Italy

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
27
Abstract Views
596
PlumX Metrics