The analysis of location, colocation and urbanization economies
2008 (English)In: Handbook of Research on Cluster Theory, Cheltenham, U.K.: Edward Elgar Publishing, 2008, 39-66 p.Chapter in book (Refereed)
This paper provides an overview and critical assessment of co-location and clustering in space. Basic location conditions include accessibility to customers, input suppliers including knowledge providers, and regional endowments. A distinction is made between slow and fast location adjustments. In a basic model, it is shown how distance sensitivity and scale economies generate self-reinforcing location externalities. Variations of the same model are employed to illuminate how urbanisation economies can stimulate co-location and clustering. One model variant is designed to examine how innovation activities also can be influenced by urbanisation economies. The paper concludes that a set of basic principals form the basis for localisation and urbanisation economies. However, there remains a challenging gap between model predictions and empirical observations.
Place, publisher, year, edition, pages
Cheltenham, U.K.: Edward Elgar Publishing, 2008. 39-66 p.
IdentifiersURN: urn:nbn:se:kth:diva-10871ISI: 000303801900004ScopusID: 2-s2.0-77950019641ISBN: 978-1-84542-516-6OAI: oai:DiVA.org:kth-10871DiVA: diva2:228318
QC 201110202009-07-282009-07-282014-10-24Bibliographically approved