Clusters and Comparative Advantage: Implications for Industrial ...
49 pages
English

Clusters and Comparative Advantage: Implications for Industrial ...

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49 pages
English
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Clusters and Comparative Advantage: Implications for Industrial Policy Andrés Rodríguez-Clare Economics Department Pennsylvania State University September 2005 Abstract Industrial agglomeration or clusters arise in the presence of industry-speci…c and local externalities, also called Marshallian externalities. The standard argument is that such externalities may justify a policy of infant-industry protection to allow and encour- age clusters to emerge. In this paper I explore this carefully, and show that di¤erent policy implications emerge under a more realistic modeling of clusters.
  • recent survey of the empirical literature
  • countries with an abundance of natural resources
  • infant-industry protection
  • infant industry through protection
  • natural
  • developed countries
  • sector
  • policy
  • model
  • production

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Nombre de lectures 59
Langue English

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