How firm heterogeneity affects foreign direct investment location choice: Micro-evidence from new foreign manufacturing firms in the Pearl River Delta

This study explores how firm heterogeneity affects the geographic agglomeration and location choice of foreign direct investment (FDI) based on micro -evidence from 3558 new foreign manufacturing firms in the Pearl River Delta, China. Kernel density and categorical multivariate linear regression are integrated to examine FDI location choices. The empirical results confirm that firm location choices are jointly influenced by location factors and...