Industries, location-bound industries

Industries which – supply goods – as in agriculture – or services – such as spas – locally, – have high transport costs – such as the iron and steel industry – or – have to be located in the immediate vicinity of a particular manufacturer – as in chemical apparatus engineering. Traditionally, the house bank principle prevails among companies of this type in Germany, and relationship banking is also regularly close here. – See Balassa-Samuelson effect, Economy, bipartite.

Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/