Dai, W. and Zhong, Q., 2019. Spatial Organization and Location Choices of Marine Firm: A Value Chain Based Analysis. In: Gong, D.; Zhu, H., and Liu, R. (eds.), Selected Topics in Coastal Research: Engineering, Industry, Economy, and Sustainable Development. Journal of Coastal Research, Special Issue No. 94, pp. 653–658. Coconut Creek (Florida), ISSN 0749-0208.
This paper explores the impact of external agglomerations and internal agglomerations based on geographically bounded on marine firms' location strategies. This paper considers all activities in the value chain and allows location choices to vary by research and development, manufacturing and sales, and using data from Longitudinal Business Database and corporate research, the location decision of a newly established maritime logistics company in a country from 1999 to 2009 is analyzed. Empirical analysis indicates that, one side, the utility brought by the industries location increases with the improvement of the accessibility to the port, to the raw material suppliers and to the product markets, but declines with the rise in the land price and the labor cost. On the other side, the demand of the proximity to port is driven by the desire to decline the transport cost, demonstrating in the reduction of the transport cost for raw materials and products by shipping and moving nearer to the places which have great demand for the products.