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Simulations of firm location decisions: Replicating office location choices in the Greater Toronto Area

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  • Elgar, Ilan
  • Farooq, Bilal
  • Miller, Eric J.

Abstract

Firm (employment) location influences the behaviour of individuals and households in the short and long term. This paper presents simulations conducted to test the ability of an office location model to replicate the actual choices of office firms in the Greater Toronto Area. It is found that including explicit search areas can significantly increase the ability of location models to replicate actual choices by office firms. In addition, simulation procedures themselves have an impact on the forecasting capabilities of the modelling system. Finally, despite the suggested improvements, the model system’s ability to replicate location decisions of specific firms is somewhat limited.

Suggested Citation

  • Elgar, Ilan & Farooq, Bilal & Miller, Eric J., 2015. "Simulations of firm location decisions: Replicating office location choices in the Greater Toronto Area," Journal of choice modelling, Elsevier, vol. 17(C), pages 39-51.
    • Handle: RePEc:eee:eejocm:v:17:y:2015:i:c:p:39-51
    DOI: 10.1016/j.jocm.2015.12.003
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    References listed on IDEAS

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    Cited by:

    1. Ioannis Baraklianos & Louafi Bouzouina & Ouassim Manout & Patrick Bonnel, 2018. "To what extent do location choices of new and relocating economic establishments differ in terms of preference for accessibility?," Working Papers hal-01801448, HAL.
    2. Rui Colaço & João de Abreu e Silva, 2021. "Commercial Classification and Location Modelling: Integrating Different Perspectives on Commercial Location and Structure," Land, MDPI, vol. 10(6), pages 1-19, May.
    3. Reinhard A. Weisser, 2020. "How Personality Shapes Study Location Choices," Research in Higher Education, Springer;Association for Institutional Research, vol. 61(1), pages 88-116, February.
    4. Hamzeh Alizadeh & Bilal Farooq & Catherine Morency & Nicolas Saunier, 2018. "On the role of bridges as anchor points in route choice modeling," Transportation, Springer, vol. 45(5), pages 1181-1206, September.
    5. Hensher, David A. & Ho, Chinh Q. & Ellison, Richard B., 2019. "Simultaneous location of firms and jobs in a transport and land use model," Journal of Transport Geography, Elsevier, vol. 75(C), pages 110-121.

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