• norsk
    • English
  • English 
    • norsk
    • English
  • Login
View Item 
  •   Home
  • Norges Handelshøyskole
  • Department of Economics
  • Discussion papers (SAM)
  • View Item
  •   Home
  • Norges Handelshøyskole
  • Department of Economics
  • Discussion papers (SAM)
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

Industrial clusters : equilibrium, welfare, and policy

Norman, Victor D.; Venables, Anthony J.
Working paper
Thumbnail
View/Open
dp2001-26.pdf (166.0Kb)
URI
http://hdl.handle.net/11250/162922
Date
2001-08
Metadata
Show full item record
Collections
  • Discussion papers (SAM) [678]
Abstract
This paper studies the size and number of industrial clusters that will

arise in a multi-country world in which one sector has a propensity to cluster

because of increasing returns to scale. It compares the equilibrium with the

world welfare maximum, showing that the equilibrium will generally have

clusters that are too small, while there are possibly too many countries with a

cluster. Allowing national governments to subsidize will move the equilibrium

to the world welfare maximum, so there is no ‘race to the bottom’. If subsidy

rates were capped then there would be a proliferation of too many and too small clusters.
Publisher
Norwegian School of Economics and Business Administration. Department of Economics
Series
Discussion paper
2001:26

Contact Us | Send Feedback

Privacy policy
DSpace software copyright © 2002-2019  DuraSpace

Service from  Unit
 

 

Browse

ArchiveCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsDocument TypesJournalsThis CollectionBy Issue DateAuthorsTitlesSubjectsDocument TypesJournals

My Account

Login

Statistics

View Usage Statistics

Contact Us | Send Feedback

Privacy policy
DSpace software copyright © 2002-2019  DuraSpace

Service from  Unit