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The changing relationship between headquarters and cities
A recent Chicago Fed conference looked at the shifting geography of company headquarters, with a public policy focus on headquarters as a much-desired target of economic development efforts.
Journal Article
Relocation station : N.C. workers bound for Richmond
Journal Article
Location trends of large company headquarters during the 1990s
This article documents changes in the spatial distribution of corporate headquarters of large U.S.-domiciled corporations during the 1990s. The authors find that the largest metropolitan areas continue to host a disproportionate share of headquarters, but there have been significant shifts toward cities with population between one and two million.
Journal Article
Get me headquarters!
New England has shown continued success in attracting and retaining large corporate headquarters. What is less clear is whether the benefits they bring are as great as in the past.
Journal Article
Noteworthy: Fortune 500: Texas ties California for national lead
According to the 2010 Fortune 500, released in April, Texas hosts the headquarters of 57 of the nation's 500 largest companies, ranked by gross revenues. Texas secured its place as a Fortune 500 leader through its position as focal point of the domestic energy industry, its relatively strong economic growth over the past decade, and its relatively low tax rates and living costs.
Working Paper
Location of headquarter growth during the 90s
This paper examines the location of headquarter growth of large public companies during the 1990s. Headquarters continue to be attracted by large metropolitan areas. Yet, among that group they continue to disperse into the medium-sized centers. The model results suggest that headquarter growth is elastic with respect to population growth. In addition, average January temperature emerges as a predictor of headquarter growth. Furthermore, the paper identifies 6 different categories of gross flows underlying the net change of headquarters observed during the 90s. There is strong variation among ...
Working Paper
Where do manufacturing firms locate their headquarters?
Firms? headquarters [HQ] support their production activity, by gathering information and outsourcing business services, as well as, managing, evaluating, and coordinating internal firm activities. In search of a better location for these functions, firms often separate the HQ function physically from their production facilities and construct stand-alone HQs. By locating its HQ in a large, service oriented metro area away from its production facilities, a firm may be better able to out-source service functions in that local metro market and also to gather information about market conditions ...