Год выпуска: 2010 Автор: Carlos Liard-Muriente Издательство: LAP Lambert Academic Publishing Страниц: 172 ISBN: 9783838360959
Описание
The contribution of this work is the empirical understanding of the effectiveness of Puerto Rico's investment incentive program, after the local government divided the island into three zones: High, Intermediate, and Low Industrials zone. Traditionally, Conditional Logit (CL) has been the methodology used for firm location analysis. However, CL confronts several limitations, and for that reason, the book follows a Poisson Regression analysis. This methodology will give the same results as the CL model and, in certain cases related to location decisions, is a better approach since it handles more properly the limitations inherent in the CL methodology.The analysis shows that firms tend to locate in a statistically significant fashion at the intermediate industrial zone. Furthermore, based on a Shift-Share analysis, job expansion at both the intermediate and low zones is significantly higher than what would have occurred if these zones would have grown at the same...
