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(Article of periodic en Anglais - 2014)

Document title

Agglomeration and regional growth policy: externalities versus comparative advantages

Authors(s) and Affiliation(s)

PESSOA A. (1) ;
(1) CEF.UP and NIFIP, Faculdade de Economia, Univ., Porto, PORTUGAL

Abstract

This paper explores the existence of different types of static and dynamic externalities and shows the relationship between externalities, interregional trade, and cluster policy. First, it contributes to a better characterization of dynamic externalities by extending the “advantages of backwardness” approach, formerly developed to explain the catching-up of national economies, to the regional conecontext. Second, it presents a new model that relates static and dynamic externalities to the clustering mode of production in the regional context. Third, the paper contributes to give a more accurate theoretic basis to the regional cluster policy and to help policy-makers in choosing the right policy for increasing the well-being of depressed regions. The major conclusion is that policy must pursue a combination of the comparative advantage principle with one type of dynamic externalities un-covered in this paper: the “related variety benefits” of agglomeration

Source

Article of periodic

published at : The Annals of regional science / ISSN 0570-1864

Editor : Springer, Berlin - ALLEMAGNE (1967)

Millesime : 2014, vol. 53, no1 [pp. 1-27]

Bibliographic references : 128 ref.

Collation : fig., tabl. cartes

Language

Anglais

Digital Object Identifier

Go to electronic document thanks to its DOI : doi:10.1007/s00168-014-0625-1

Tous droits réservés © Prodig - Bibliographie Géographique Internationale (BGI), 2014
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