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Some Remarks on Marshallian External Economies and Industrial Tendencies

In: The Economics of Alfred Marshall

Author

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  • Marco Bellandi

Abstract

Marshallian external economies have their clearest examples within the conditions found by Marshall in the so-called industrial districts.2 They are defined in the Principles as economies ‘dependent on the general development of industry’ and concurrently distinguished from internal economies. Internal economies depend on the resources, the organization and the efficiency of management of single firms.3 Ideal examples of external economies are discussed by Marshall in the pages that follow the definition, and usually with reference to conditions of industries localized in industrial districts. Two main types may be identified within his discourse.4

Suggested Citation

  • Marco Bellandi, 2003. "Some Remarks on Marshallian External Economies and Industrial Tendencies," Palgrave Macmillan Books, in: Richard Arena & Michel Quéré (ed.), The Economics of Alfred Marshall, chapter 13, pages 240-253, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-59963-5_13
    DOI: 10.1007/978-0-230-59963-5_13
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    Cited by:

    1. Scheuplein Christoph, 2007. "Soziale Evolution und räumliche Wirtschaftsstruktur bei Herbert Spencer, William Hearn und Alfred Marshall," ZFW – Advances in Economic Geography, De Gruyter, vol. 51(1), pages 1-13, October.

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