FACTORS AFFECTING THE LOCATION OF ECONOMIC ACTIVITIES: A MULTI-DISCIPLINARY REVIEW AND CONCEPTUAL FRAMEWORK

Authors

  • Wouter Gideon Bam Department of Industrial Engineering, Stellenbosch University, South Africa Faculty of Economics and Business, KU Leuven, Belgium https://orcid.org/0000-0002-7465-9751
  • Karolien De Bruyne Department of Industrial Engineering, Stellenbosch University, South Africa Faculty of Economics and Business, KU Leuven, Belgium https://orcid.org/0000-0002-4281-4542
  • Corne Schutte Department of Industrial Engineering, Stellenbosch University, South Africa https://orcid.org/0000-0002-0119-720X

DOI:

https://doi.org/10.7166/31-4-2445

Keywords:

Location decision determinants, Structured literature review, FDI, location decisions, location policy

Abstract

A holistic framework that enables a systematic evaluation of the factors affecting the location of economic activities has thus far been lacking. Using a structured review, this research summarises the key developments that address this issue. Based on this review, a conceptual framework is proposed. The framework is location-centric — i.e., it evaluates the performance of a location in supporting a specific activity aimed at a particular market. It aims to assist both firms and policymakers to evaluate the key location determinants that drive the location of activities.

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Author Biographies

Wouter Gideon Bam, Department of Industrial Engineering, Stellenbosch University, South Africa Faculty of Economics and Business, KU Leuven, Belgium

Senior lecturer at the Department of Industrial Engineering, Stellenbosch University.

Karolien De Bruyne, Department of Industrial Engineering, Stellenbosch University, South Africa Faculty of Economics and Business, KU Leuven, Belgium

Assistant Professor in International Economics

KULeuven Brussels Campus

Corne Schutte, Department of Industrial Engineering, Stellenbosch University, South Africa

Professor, Department of Industrial Engineering,

Stellenbosch University.

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Published

2020-12-14

How to Cite

Bam, W. G., De Bruyne, K., & Schutte, C. (2020). FACTORS AFFECTING THE LOCATION OF ECONOMIC ACTIVITIES: A MULTI-DISCIPLINARY REVIEW AND CONCEPTUAL FRAMEWORK. The South African Journal of Industrial Engineering, 31(4), 115–135. https://doi.org/10.7166/31-4-2445

Issue

Vol. 31 No. 4 (2020)

Section

General Articles

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