The District and the Global Economy: Exportation Versus Foreign Location

The District and the Global Economy: Exportation Versus Foreign Location

We depict an industrial district as a center of innovation where positive local spillovers sustain the endogenous invention of new goods by profit‐seeking firms. After invention, firms face a crucial choice between reaching distant markets by export or plant delocation. Attempts by firms to circumve...

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Veröffentlicht in:Journal of regional science 2002-02, Vol.42 (1), p.107-126
Hauptverfasser: Basevi, Giorgio, Ottaviano, Gianmarco I.P.
Format: Artikel
Sprache:eng
Schlagworte:
Bgi / Prodig
Comparative analysis
Exports
Foreign investment
Geography of industry and energy
Human geography
Industrialization, industrial space
Location of industry
Multinational enterprises
Regional studies
Spillovers
Statistical analysis
Studies
Technology transfer
Trade barriers
Welfare
World economy
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Beschreibung
Zusammenfassung:We depict an industrial district as a center of innovation where positive local spillovers sustain the endogenous invention of new goods by profit‐seeking firms. After invention, firms face a crucial choice between reaching distant markets by export or plant delocation. Attempts by firms to circumvent trade barriers through delocation slow down the pace of innovation and harm the welfare of the district.
ISSN:0022-4146
1467-9787
DOI:10.1111/1467-9787.00252