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- W2361627160 abstract "Multinational corporations tend to be located in the areas where transaction and transformation(production) costs are low,and implementation of various regional policies in China effectively helps reduce the transaction costs.By collating and quantifying the regional policies in the Yangtze River Delta,this paper analyzed the correlation between regional policy change and multinational corporation space layout evolution in space and time.The results are as follows: there has been a diffusion trend in the space layout of multinational companies in the Yangtze River Delta.Regional policy change and multinational corporation space layout both had three stages simultaneously:(1) the primary stage,in which the correlation between multinational corporations' layout and regional policy is weak;multinational corporations were located mostly in the regional center city Shanghai;(2) the agglomeration stage,in which multinational corporations gathered in cities along the Shanghai-Nanjing line,where the production costs were low and they enjoyed favorable policies;(3) network stage,in which multinational corporations formed regional production networks in the areas with low production costs,favorable policies and industry clusters,and diffused to marginal zones of the Yangtze River Delta.There are differences among the stages in terms of the mechanisms of multinational corporations' layout." @default.
- W2361627160 created "2016-06-24" @default.
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- W2361627160 date "2013-01-01" @default.
- W2361627160 modified "2023-09-23" @default.
- W2361627160 title "Regional policy change and multinational corporations' space layout evolution in the Yangtze River Delta" @default.
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