IDEAS home Printed from https://ideas.repec.org/a/sae/urbstu/v34y1997i4p579-603.html
   My bibliography  Save this article

The Role of Inward Investment in Urban Economic Development: The Cases of Bristol, Cardiff and Plymouth

Author

Listed:
  • Peter Gripaios

    (Plymouth Business School, University of Plymouth, Drake Circus, Plymouth, Devon PL4 8AA, UK.)

  • Rose Gripaios

    (Plymouth Business School, University of Plymouth, Drake Circus, Plymouth, Devon PL4 8AA, UK.)

  • Max Munday

    (Welsh Economy Research Unit, CardiffBusinessSchool, 66 Park Place, Cardiff CF1 3 AS, Wales, UK. mundaymc@cf.uk)

Abstract

This paper examines the role of manufacturing and services foreign direct investment (FDI) in the restructuring of the three large cities in the South West and Wales: Bristol, Plymouth and Cardiff. Key differences in the FDI stock of each city are analysed, with special attention given to location rationale and quality of investments. Bristol is found to be comparatively successful in attracting high-grade manufacturing, regional service centres of manufacturing companies, and financial and computer services firms. Location and policy influences have meant that Cardiff and Plymouth have been more dependent on 'production only' facilities; and Plymouth, in particular, has had difficulty attracting financial and business services investment. Policy and practical ramifications of the study are explained.

Suggested Citation

  • Peter Gripaios & Rose Gripaios & Max Munday, 1997. "The Role of Inward Investment in Urban Economic Development: The Cases of Bristol, Cardiff and Plymouth," Urban Studies, Urban Studies Journal Limited, vol. 34(4), pages 579-603, April.
  • Handle: RePEc:sae:urbstu:v:34:y:1997:i:4:p:579-603
    DOI: 10.1080/0042098975934
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1080/0042098975934
    Download Restriction: no

    File URL: https://libkey.io/10.1080/0042098975934?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Jim Taylor, 1993. "An Analysis of the Factors Determining the Geographical Distribution of Japanese Manufacturing Investment in the UK, 1984-91," Urban Studies, Urban Studies Journal Limited, vol. 30(7), pages 1209-1224, August.
    2. Stephen Hill & Max Munday, 1994. "The Regional Distribution of Foreign Manufacturing Investment in the UK," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-13101-3, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Henry Wai‐Chung Yeung, 2009. "Transnational Corporations, Global Production Networks, and Urban and Regional Development: A Geographer's Perspective on Multinational Enterprises and the Global Economy," Growth and Change, Wiley Blackwell, vol. 40(2), pages 197-226, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wang, Chengqi & Hong, Junjie & Kafouros, Mario & Boateng, Agyenim, 2012. "What drives outward FDI of Chinese firms? Testing the explanatory power of three theoretical frameworks," International Business Review, Elsevier, vol. 21(3), pages 425-438.
    2. Cecilia Wong, 2002. "Developing Indicators to Inform Local Economic Development in England," Urban Studies, Urban Studies Journal Limited, vol. 39(10), pages 1833-1863, September.
    3. Jones, Jonathan & Wren, Colin, 2009. "The dynamics of FDI location: a markov analysis for British regions," LSE Research Online Documents on Economics 33497, London School of Economics and Political Science, LSE Library.
    4. Nguyen, Anh, 1997. "Japanese manufacturing investment in the UK 1972-1996: an econometric analysis," MPRA Paper 1920, University Library of Munich, Germany.
    5. Jonathan Jones & Colin Wren, 2008. "FDI Location Across British Regions and Inward Investment Policy," SERC Discussion Papers 0013, Centre for Economic Performance, LSE.
    6. Stuart Dawley, 2007. "Making Labour-Market Geographies: Volatile ‘Flagship’ Inward Investment and Peripheral Regions," Environment and Planning A, , vol. 39(6), pages 1403-1419, June.
    7. Fumagalli, Chiara, 2003. "On the welfare effects of competition for foreign direct investments," European Economic Review, Elsevier, vol. 47(6), pages 963-983, December.
    8. Mark Tewdwr-Jones & Nicholas Phelps, 2000. "Levelling the Uneven Playing Field: Inward Investment, Interregional Rivalry and the Planning System," Regional Studies, Taylor & Francis Journals, vol. 34(5), pages 429-440.
    9. Chadee, Doren D. & Qiu, Feng & Rose, Elizabeth L., 2003. "FDI location at the subnational level: a study of EJVs in China," Journal of Business Research, Elsevier, vol. 56(10), pages 835-845, October.
    10. Robert Huggins, 2001. "Embedding Inward Investment through Workforce Development: Experiences in Wales," Environment and Planning C, , vol. 19(6), pages 833-848, December.
    11. Peter Midmore & Max Munday & Annette Roberts, 2006. "Assessing industry linkages using regional input-output tables," Regional Studies, Taylor & Francis Journals, vol. 40(3), pages 329-343.
    12. Colin Wren & Jonathan Jones, 2011. "Assessing The Regional Impact Of Grants On Fdi Location: Evidence From U.K. Regional Policy, 1985–2005," Journal of Regional Science, Wiley Blackwell, vol. 51(3), pages 497-517, August.
    13. Miki Malul & Raphael Bar-El, 2009. "The Gap between Free Market and Social Optimum in the Location Decision of Economic Activity," Urban Studies, Urban Studies Journal Limited, vol. 46(10), pages 2045-2059, September.
    14. Steven Brand & Stephen Hill & Max Munday & Annette Roberts, 1997. "Why Isn't Wales Richer?," Local Economy, London South Bank University, vol. 12(3), pages 219-233, November.
    15. Nguyen, Ngoc Anh & Nguyen, Thang, 2007. "Foreign direct investment in Vietnam: An overview and analysis the determinants of spatial distribution across provinces," MPRA Paper 1921, University Library of Munich, Germany.
    16. Jones, Jonathan & Wren, Colin, 2008. "FDI location across British regions and inward investment policy," LSE Research Online Documents on Economics 33204, London School of Economics and Political Science, LSE Library.
    17. Jane Bryan & Steve Hill & Max Munday & Annette Roberts, 2000. "Assessing the Role of the Arts and Cultural Industries in a Local Economy," Environment and Planning A, , vol. 32(8), pages 1391-1408, August.
    18. Miki Malul, 2012. "A Dynamic Brain Drain in Peripheral Regions," ERSA conference papers ersa12p230, European Regional Science Association.
    19. Jonathan Jones & Colin Wren, 2004. "Do Inward Investors Achieve their Job Targets?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 66(4), pages 483-513, September.
    20. John Dewhurst & Max Munday & Annette Roberts, 2001. "Foreign manufecturing and changes in industry linkage patterns in Scotland and Wales," ERSA conference papers ersa01p102, European Regional Science Association.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:urbstu:v:34:y:1997:i:4:p:579-603. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.gla.ac.uk/departments/urbanstudiesjournal .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.