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Regional Market Potential and the Number and Size of Firms: Observations and Evidence from Chile
| Indexado |
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| DOI | 10.1080/17421772.2014.930165 | ||||
| Año | 2014 | ||||
| Tipo | artículo de investigación |
Citas Totales
Autores Afiliación Chile
Instituciones Chile
% Participación
Internacional
Autores
Afiliación Extranjera
Instituciones
Extranjeras
Abstract
This paper investigates the relationship between market potential and the spatial variation in the number and the average size of firms. We adapt the canonical model of the New Economic Geography to demonstrate this relationship and to derive an empirical specification suitable for estimation through dynamic panel techniques. The model is tested against municipal data on the number of firms per adult in Chilean comunas for 2005-2010. Our results confirm that market potential along with place-specific fixed costs play an important role in determining the spatial variation in the number of firms per capita.
| Ord. | Autor | Género | Institución - País |
|---|---|---|---|
| 1 | MODREGO-BENITO, FELIX | Hombre |
Univ Groningen - Países Bajos
Universidad Católica del Norte - Chile University of Groningen - Países Bajos Rijksuniversiteit Groningen - Países Bajos |
| 2 | McCann, Philip | Hombre |
Univ Groningen - Países Bajos
University of Groningen - Países Bajos Rijksuniversiteit Groningen - Países Bajos |
| 3 | FOSTER-BONNETTE, WILLIAM ELLIS | Hombre |
Pontificia Universidad Católica de Chile - Chile
|
| 4 | Olfert, M. Rose | - |
Univ Saskatchewan - Canadá
University of Saskatchewan - Canadá |
| 4 | Rose Olfert, M. | - |
University of Saskatchewan - Canadá
|
| Fuente |
|---|
| Fondo Nacional de Desarrollo Científico y Tecnológico |
| Fondo Nacional de Desarrollo CientÃfico, Tecnológico y de Innovación Tecnológica |
| International Development Research Centre of Canada |
| Agradecimiento |
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| Félix Modrego (to whom correspondence should be sent), Department of Economic Geography, Faculty of Spatial Sciences, University of Groningen, Groningen, PO Box 800, 9700 AV, The Netherlands; IDEAR-Department of Economics, Universidad Catolica del Norte, Antofagasta, Chile. E-mail: F.Modrego@rug.nl. Philip McCann, Department of Economic Geography, Faculty of Spatial Sciences, University of Groningen, PO Box 800, 9700 AV, Groningen, The Netherlands. Email: P.McCann@rug.nl. William E. Foster, Department of Agricultural Economics, Faculty of Agronomy and Forestry Engineering, Pontificia Universidad Católica de Chile, Vicuña Mackenna 4860, Macul, Santiago, Chile. Email: wfoster@uc.cl. M. Rose Olfert, Johnson-Shoyama Graduate School of Public Policy, University of Saskatchewan, 101 Diefenbaker Place, Saskatoon, SK, Canada. Email: rose.olfert@usask.ca. We are grateful to Geoffrey Hewings, Rodrigo Paillacar, Damian Clarke, Miguel Atienza, Andrea Bentancor, Gianni Romani and two anonymous referees for helpful comments and suggestions. Any errors are of our own responsibility. Modrego wishes to thank the financial support of project Fondecyt 1130356 and of the Rural Territorial Dynamics Program funded by the International Development Research Centre of Canada (IDRC). |
