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The Attraction of Foreign Manufacturing Investments: Investment Promotion and Agglomeration Economies

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NBER1994-10-01 更新2025-01-04 收录
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We study Japanese investments between 1980 and 1992 to assess the effectiveness of state promotion efforts in light of strong agglomeration economies in Japanese investment. Two policy variables are consistently shown to influence the location of investment - foreign trade zones and labor subsidies.

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1994-10-01
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