Paul Krugman’s Geographical Economics, Industrial Clustering and the British Motor Sport Industry

Steven Pinch, Nick Henry

    Research output: Contribution to journalArticlepeer-review

    139 Citations (Scopus)

    Abstract

    PINCH S. and HENRY N. (1999) Paul Krugman’s geographical economics, industrial clustering and the British motor sport industry, Reg. Studies 33, 815± 827. Paul Krugman is one of a growing band of economists who have discovered the importance of the region in stimulating national economic competitiveness. Whilst the early reactions to his ideas by geographers tended
    to be hostile, there have recently been calls by geographers for a more considered view of his concepts. This paper examines the utility of Krugman’s ideas for explaining the geographical cluster of small firms constituted by the British motor sport industry. It is argued that Krugman’s emphasis upon accidents of history and external economies of scale provides only partial
    insights into the reasons for the evolution and maintenance of this industrial agglomeration. Greater insights are provided by an approach which focuses upon the dissemination of knowledge through the concept of untraded interdependencies.
    Original languageEnglish
    Pages (from-to)815-827
    Number of pages13
    JournalRegional Studies
    Volume33
    Issue number9
    DOIs
    Publication statusPublished - 1999

    Keywords

    • Krugman
    • External economies
    • Industrial agglomeration
    • Untraded interdependencies
    • Motor sport

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