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Location and dispersion of multinationals in Iberoamerica

Location and dispersion of multinationals in Iberoamerica

The expansion of multinationals in Latin America has followed fundamental economic and market factors. Multinationals tend to concentrate in large metropolitan areas where they can benefit from proximity to markets, supply chains, infrastructure and economies of scale. Once they are established in key markets, market-driven multinationals will continue their country penetration through expansion to second and third tier markets, developing country networks that share economies of scale and supply networks. The patterns of expansion and size of these networks cannot be explained by fundamental economic and market factors only. In this ebook, we explore the impact of the variation in the quality of institutions as one possible explanation for the location and presence (or lack of) of these multinationals across and within countries in the region.


Agglomeration of fast food companies in Brazil,Institutional quality and agglomeration of fast food multinationals in Latin American cities ,Introduction to the special issue on Location and Dispersion of Multinationals in Iberoamerica,Local institutions in Peru and the presence and number of fast-food outlets,Multinational franchise entry and institutional quality: evidence from Mexican cities ,The effects of institutional quality and market potential on the agglomeration of fast food franchises in Central America

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