Globalization, industrial policy and clusters
Working paper
Permanent lenke
http://hdl.handle.net/11250/162924Utgivelsesdato
2001-12Metadata
Vis full innførselSamlinger
- Discussion papers (SAM) [658]
Sammendrag
This paper analyses industrial policy in a high wage open economy
hosting an agglomeration consisting of vertically linked upstream and
downstream firms. We show that optimal policy towards upstream industries
typically differ from the optimal policy towards downstream
industries. Internationalisation impacts on the costs as well as on the
benefits related to sustaining an industrial agglomeration. Whether
maintaining the agglomeration is compatible with a welfare maximizing policy is shown to depend on level of economic integration.
Utgiver
Norwegian School of Economics and Business Administration. Department of EconomicsSerie
Discussion paper2001:30