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What Do Census Data Tell Us About Headquarters Location?

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  • Yukako Ono

    (Federal Reserve Bank of Chicago)

Abstract

This article provides insight into several topics that are closely linked with firms’ decisions on headquarters location. Reviewing previous studies, the author examines characteristics of firms that have stand-alone headquarters and compares them with the characteristics of firms that perform management at their production facilities. The frequency of openings and closings of headquarters is also examined. The locations of headquarters are further compared with the geographical distribution of other economic activities among major U.S. metropolitan areas. The author then shifts the focus to New York City, which is often considered the nation’s primary headquarters center, and compares New York’s Primary Metropolitan Statistical Area’s share of headquarters with its share of business service industries. The author then looks into the distribution of headquarters and other service industries in Manhattan, points out their differences, and provides possible explanations.

Suggested Citation

  • Yukako Ono, 2006. "What Do Census Data Tell Us About Headquarters Location?," Economic Development Quarterly, , vol. 20(2), pages 129-141, May.
    • Handle: RePEc:sae:ecdequ:v:20:y:2006:i:2:p:129-141
    DOI: 10.1177/0891242406286517
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    References listed on IDEAS

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    1. Duranton, Gilles & Puga, Diego, 2005. "From sectoral to functional urban specialisation," Journal of Urban Economics, Elsevier, vol. 57(2), pages 343-370, March.
    2. Henderson, J. Vernon & Ono, Yukako, 2008. "Where do manufacturing firms locate their headquarters?," Journal of Urban Economics, Elsevier, vol. 63(2), pages 431-450, March.
    3. Mohammad Arzaghi & J. Vernon Henderson, 2008. "Networking off Madison Avenue," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 75(4), pages 1011-1038.
    4. Ono, Yukako, 2003. "Outsourcing business services and the role of central administrative offices," Journal of Urban Economics, Elsevier, vol. 53(3), pages 377-395, May.
    5. Tyler Diacon & Thomas H. Klier, 2003. "Where the headquarters are – evidence from large public companies 1990-2000," Working Paper Series WP-03-35, Federal Reserve Bank of Chicago.
    6. Yukako Ono, 2003. "Spatial organization of firms," Working Paper Series WP-03-30, Federal Reserve Bank of Chicago.
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    Cited by:

    1. Matthias Firgo & Peter Mayerhofer, 2016. "Wissensintensive Unternehmensdienste, Wissens-Spillovers und regionales Wachstum. Teilprojekt 3: Zur Standortstruktur von wissensintensiven Unternehmensdiensten – Fakten, Bestimmungsgründe, regionalpo," WIFO Studies, WIFO, number 59427.
    2. Coulson, N. Edward & Liu, Crocker H. & Villupuram, Sriram V., 2013. "Urban economic base as a catalyst for movements in real estate prices," Regional Science and Urban Economics, Elsevier, vol. 43(6), pages 1023-1040.

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