A tractable approach to the firm location decision problem
Autor(a) principal: | |
---|---|
Data de Publicação: | 2000 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/1822/11456 |
Resumo: | The Random Utility Maximization-based conditional logit model has provided an adequate framework to model firm location decisions. However, in practice, the implementation of this methodology presents problems when one has to handle complex choice scenarios with a large number of spatial alternatives. Another weakness of the logit approach is the underlying Independence to Irrelevant Alternatives (IIA) assumption. In this paper, we posit the Poisson regression as a tractable solution to these problems. Actually, the coefficients of the conditional logit model can be equivalently estimated using a Poisson regression. Moreover, by applying the fixed effects Poisson model one can easily and more effectively control for some forms of the potential IIA violation. |
id |
RCAP_a8152fbdbf8a6fff1f8fa5ea8c70d7ef |
---|---|
oai_identifier_str |
oai:repositorium.sdum.uminho.pt:1822/11456 |
network_acronym_str |
RCAP |
network_name_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository_id_str |
7160 |
spelling |
A tractable approach to the firm location decision problemThe Random Utility Maximization-based conditional logit model has provided an adequate framework to model firm location decisions. However, in practice, the implementation of this methodology presents problems when one has to handle complex choice scenarios with a large number of spatial alternatives. Another weakness of the logit approach is the underlying Independence to Irrelevant Alternatives (IIA) assumption. In this paper, we posit the Poisson regression as a tractable solution to these problems. Actually, the coefficients of the conditional logit model can be equivalently estimated using a Poisson regression. Moreover, by applying the fixed effects Poisson model one can easily and more effectively control for some forms of the potential IIA violation.Fundação para a Ciência e a Tecnologia (FCT)Universidade do Minho. Núcleo de Investigação em Microeconomia Aplicada (NIMA)Universidade do MinhoGuimarães, PauloFigueiredo, OctávioWoodward, Douglas2000-052000-05-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/1822/11456engNIMA Working Paper Series;2info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-21T12:45:29Zoai:repositorium.sdum.uminho.pt:1822/11456Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T19:43:20.280793Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
A tractable approach to the firm location decision problem |
title |
A tractable approach to the firm location decision problem |
spellingShingle |
A tractable approach to the firm location decision problem Guimarães, Paulo |
title_short |
A tractable approach to the firm location decision problem |
title_full |
A tractable approach to the firm location decision problem |
title_fullStr |
A tractable approach to the firm location decision problem |
title_full_unstemmed |
A tractable approach to the firm location decision problem |
title_sort |
A tractable approach to the firm location decision problem |
author |
Guimarães, Paulo |
author_facet |
Guimarães, Paulo Figueiredo, Octávio Woodward, Douglas |
author_role |
author |
author2 |
Figueiredo, Octávio Woodward, Douglas |
author2_role |
author author |
dc.contributor.none.fl_str_mv |
Universidade do Minho |
dc.contributor.author.fl_str_mv |
Guimarães, Paulo Figueiredo, Octávio Woodward, Douglas |
description |
The Random Utility Maximization-based conditional logit model has provided an adequate framework to model firm location decisions. However, in practice, the implementation of this methodology presents problems when one has to handle complex choice scenarios with a large number of spatial alternatives. Another weakness of the logit approach is the underlying Independence to Irrelevant Alternatives (IIA) assumption. In this paper, we posit the Poisson regression as a tractable solution to these problems. Actually, the coefficients of the conditional logit model can be equivalently estimated using a Poisson regression. Moreover, by applying the fixed effects Poisson model one can easily and more effectively control for some forms of the potential IIA violation. |
publishDate |
2000 |
dc.date.none.fl_str_mv |
2000-05 2000-05-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/1822/11456 |
url |
http://hdl.handle.net/1822/11456 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
NIMA Working Paper Series;2 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Universidade do Minho. Núcleo de Investigação em Microeconomia Aplicada (NIMA) |
publisher.none.fl_str_mv |
Universidade do Minho. Núcleo de Investigação em Microeconomia Aplicada (NIMA) |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
|
_version_ |
1799132989832036352 |