External Takeover and Regional Linkage Adjustment: The Case of Scotch Whisky
- 1 January 1990
- journal article
- research article
- Published by SAGE Publications in Environment and Planning A: Economy and Space
- Vol. 22 (1) , 101-118
- https://doi.org/10.1068/a220101
Abstract
A model is developed for estimating the regional output and employment effects of linkage and final demand changes experienced by externally acquired companies. The model is illustrated using examples from the Scotch whisky industry. Systematically negative linkage effects of takeover are found, but the overall size of these effects on regional economic activity is invariably lower than the effect of takeover on final demand.Keywords
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