A multi-sector model of relatedness, growth and industry clustering

Volume: 20, Issue: 5, Pages: 1145 - 1163
Published: Oct 29, 2019
Abstract
This article builds an understanding of regional innovation specialisation by developing a multi-sector model with endogenous growth through quality improving innovations and spillovers from related technologies. The model provides an approach to incorporate the relatedness literature within the mainstream theoretical frameworks of endogenous growth and economic geography. Each firm’s technology sector and the location of other firms play a role...
Paper Details
Title
A multi-sector model of relatedness, growth and industry clustering
Published Date
Oct 29, 2019
Volume
20
Issue
5
Pages
1145 - 1163
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