Locational behaviour of transnational corporations: examples from the Australian aluminium industry.

Structural change in Australian manufacturing must be seen in its international context. Transnational corporation strategies have long term implications in all industrial economies. In Australia's case, structural changes are accelerating because of the growth of extractive industries for export. Develops a simplified model of TNC locational behaviour, an element common to all the changes. Increased costs are producing tendencies towards a classical locational outcome. The author argues that the classical model would ignore the effects of political and institutional factors. The aluminium industry is used as an illustration but generalisation based on such a case study could be dangerous.-from Author