March 06, 2008

A Typology of Location Condition (Table)

      

Location condition Tangible Features Non-Tangible Features
1 Transportation facilities Freight rates Reliability, frequency damage, avilability
2 Materials Production cost Security, quality
(Transportation cost)
3 Markets Transportation costs Personal contact, tastes, rivals
(Servicing costs)
4 Labour Wages, non- wage benefits
Hiring costs
5 external economies Externalities (Positive and negative)
(a) Urbanization labour skill, information
(b) Localization sharing, common services,reputation
6 Energy Costs Reliability, diversity
7 Community infrastructure
(a) SOC Capital cost, taxes Quality diversity
(b) EOC Capital cost, taxes Quality diversity
8 Capital
(a) Fixed Constrction cost, rent Availability, lay-out
(b) Financial Cost of borowing Availability
9 Land/buildings Costs Size, Shape, access, services, lay-out
10 Environment
(a) Amenity
(b) Policy Costs, taxes Local attitudes
11 Government policy Incentives, penalties,taxes Attitude, stability business climate
     

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