| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1959 |
| DP1959 Intra-Industry Trade and the Single Market: Quality Matters | |
| Lionel Fontagné; Michael Freudenberg; Nicolas Péridy | |
| 发表日期 | 1998-09-30 |
| 出版年 | 1998 |
| 语种 | 英语 |
| 摘要 | Only a few years ago the conventional wisdom predicted that globalization would render the demise of the region as a meaningful unit of economic analysis. Yet the obsession of policy-makers around the globe to 'create the next Silicon Valley' reveals the increased importance of geographic proximity and regional agglomerations. The purpose of this article is to explain why and how geography matters for innovative activity and ultimately for the international comparative advantage. The comparative advantage of the high-cost countries of North America and Western Europe is increasingly based on knowledge-driven innovative activity. The spillover of knowledge from the firm or university creating that knowledge to a third-party firm is essential to innovative activity. Such knowledge spillovers tend to be spatially restricted. Thus, an irony of globalization is that even as the relevant geographic market for most goods and services becomes increasingly global, the increased importance of innovative activity in the leading developed countries has triggered a resurgence in the importance of local regions as a key source of comparative advantage. |
| 主题 | Industrial Organization ; International Trade and Regional Economics |
| 关键词 | Agglomeration Economic development Economic geography Growth Innovation Spillovers |
| URL | https://cepr.org/publications/dp1959 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531092 |
| 推荐引用方式 GB/T 7714 | Lionel Fontagné,Michael Freudenberg,Nicolas Péridy. DP1959 Intra-Industry Trade and the Single Market: Quality Matters. 1998. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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