IDEAS home Printed from https://ideas.repec.org/a/hrs/journl/vxiiy2020i1p171-180.html
   My bibliography  Save this article

Agglomeration Economics And Asymmetric Information: Role Of Institutions

Author

Listed:
  • Vinko MUŠTRA

    (Associate professor, Faculty of Economics, Business and Tourism, University of Split)

  • Hrvoje KALINIĆ

    (Assistant professor, Faculty of Science, University of Split)

Abstract

This paper constructs the model that links agglomeration economics with information asymmetries. It extends the literature by launching the concept that explains influence of the asymmetric information on agglomeration economies by emphasizing the role of the transaction cost under institutional framework. Consequently, the predictions of the model suggesting that impact of agglomeration economies depends on stages of development highlight the importance of different approach to the agglomeration economies phenomena in developing and developed countries.

Suggested Citation

  • Vinko MUŠTRA & Hrvoje KALINIĆ, 2020. "Agglomeration Economics And Asymmetric Information: Role Of Institutions," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(1), pages 171-180, June.
    • Handle: RePEc:hrs:journl:v:xii:y:2020:i:1:p:171-180
    as

    Download full text from publisher

    File URL: http://www.rsijournal.eu/ARTICLES/June_2020/13.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    agglomeration economics; asymmetric information; transaction costs; institutions;
    All these keywords.

    JEL classification:

    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hrs:journl:v:xii:y:2020:i:1:p:171-180. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dimitrios K. Kouzas (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.