PENSION FUND INVESTMENTS: AN INITIAL GEOGRAPHIC ASSESSMENT

Despite the importance of interregional shifts of capital in contributing to patterns of regional development, pension funds, a large and growing source of capital in the world, have received limited empirical investigation by geographers. An initial assessment of the geographic impact of selected p...

Full description

Saved in:
Bibliographic Details
Published inThe Professional geographer Vol. 39; no. 4; pp. 416 - 427
Main Authors Botts, Howard A., Patterson, John G.
Format Journal Article
LanguageEnglish
Published Oxford, UK Taylor & Francis Group 01.11.1987
Blackwell Publishing Ltd
Blackwell
Association of American Geographers
Subjects
Bgi / Prodig
capital flows
Financial geography
Human geography
pension funds
Political and economic geography
regional investment patterns
Sunbelt/Snowbelt
Online AccessGet full text

Cover

More Information
Summary:Despite the importance of interregional shifts of capital in contributing to patterns of regional development, pension funds, a large and growing source of capital in the world, have received limited empirical investigation by geographers. An initial assessment of the geographic impact of selected pension fund investments controlled by the State of Wisconsin Investment Board (SWIB) is presented. A simple investment allocation model is employed to address several research questions. Findings indicate changes in investment categories over time and suggest interregional investment shifts that fail to fall neatly along Sunbelt/Snowbelt lines. Recent SWIB investments may be undercutting the state's competitive position with other - and in some cases Sunbelt - states.
Bibliography:We would like to acknowledge the many constructive comments and suggestions offered by the three reviewers, Meric Gertler, Dean Hanink and Thomas Leinbach; the editor; and J. Brady Foust of the University of Wisconsin‐Eau Claire. Partial funding was provided by a Wisconsin State Research grant.
ISSN:0033-0124
1467-9272
DOI:10.1111/j.0033-0124.1987.00416.x