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industrial location theory

  A branch of location theory concerned with manufacturing and providing a theoretical basis for industrial geography. Classical industrial location theory was concerned with variable cost analysis, built on the foundations provided by Alfred Weber, to which variable revenue analysis was added to accommodate the effects of demand and the market. Subsequent developments were concerned with the role of industrial organization and decision-making, and with the intepretation of industrial location and change within the broader structure of regional, national and international economic processes (see layers of investment). (DMS)  



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industrial location policy
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