R&D public expenditure, knowledge spillovers and agglomeration: Comparative statics and dynamics

Pasquale Commendatore*, Ingrid Kubin, Carmelo Petraglia

*Korrespondierende*r Autor*in für diese Arbeit

Publikation: Beitrag in Buch/KonferenzbandBeitrag in Sammelwerk

Abstract

Since the introduction of the influential core-periphery (CP) model by Krugman (1991),New EconomicGeography (NEG) models have provided a natural framework for non-linear dynamic analysis.1 Moreover, as shown by the comprehensive picture of policy implications of the NEG paradigm provided by Baldwin et al. (2003), a well established finding is that policy changes have non-linear effects on industrial location, in general. Why economic activities tend to cluster in space is an old question. Often referring to Marshall's famous classification, regional and urban economists analysed the agglomerative effects of better access to public goods in central locations, of knowledge spillovers between firms and of labour market pooling (see for a recent survey Duranton and Puga 2004). Instead, the NEG focuses on the trade costs, increasing returns at the firm level and factor mobility, and determines endogenously the spatial distribution of (monopolistically competitive) firms by the interplay of agglomeration and dispersion forces (see Venables 2008).

OriginalspracheEnglisch
Titel des SammelwerksNonlinear Dynamics in Economics, Finance and Social Sciences
Untertitel des SammelwerksEssays in Honour of John Barkley Rosser Jr
Herausgeber*innenGian Italo Bisch, Carl Chiarella, Laura Gardini
ErscheinungsortBerlin
VerlagSpringer Verlag
Seiten157-180
Seitenumfang24
Auflage1
ISBN (elektronisch)9783642040238
ISBN (Print)9783642040221, 9783642424533
DOIs
PublikationsstatusVeröffentlicht - 2010

Österreichische Systematik der Wissenschaftszweige (ÖFOS)

  • 502047 Volkswirtschaftstheorie
  • 502003 Außenhandel

Zitat