A Note on the Efficiency Effects of Agglomeration Economies: Turkish Evidence
DOI:
https://doi.org/10.6000/1929-7092.2014.03.14Keywords:
SMEs, Cluster, Competitiveness, Productive and Allocative Efficiency, Ordered Panel Probit Models.Abstract
By using a very novel dataset from Turkish SMEs, this paper investigates the effects of agglomeration economies on productive and allocative efficiency. After controlling for unobserved heterogeneity at the time level, our empirical results from ordered panel probit models provide evidence that clusters have no statistically significant effect on productive efficiency but a negative effect on allocative efficiency. We also show that the increase in prices is not due to increased product differentiation; therefore, it is most likely due to collusion.
References
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http://dx.doi.org/10.1002/smj.178
Coulibaly, S., Deichmann, U. and S. Lall (2007), “Urbanization and Productivity: Evidence from Turkish Provinces 1980-2000., World Bank Poicy Research Paper 4387.
Labrecciosa P. and L. Colombo (2010), “Technology Uncertainty and Market Collusion”, The Berkeley Electronic Journal of Economic analysis & policy 10 (1), 1-15.
Porter, M. (1990), “The competitive advantage of nations”, The Free Press: New York, 127-130.
Porter M. (1998), “Clusters and The New Economics of Competition”, Harvard Business Review; Boston; Nov/Dec 76(6), 77-90.
Prescott E. C. (1998), “Nedded: A theory of Total Factor Productivity”, International Economic Review 39, 525-551.
http://dx.doi.org/10.2307/2527389
http://dx.doi.org/10.1006/juec.1999.2161
Chung W. and A. Kalnins (2001), “Agglomeration Effects and Performance: A test of The Texas Lodging Industry”, Strategic Management Journal 22, 969-988.
http://dx.doi.org/10.1002/smj.178
Coulibaly, S., Deichmann, U. and S. Lall (2007), “Urbanization and Productivity: Evidence from Turkish Provinces 1980-2000., World Bank Poicy Research Paper 4387.
Labrecciosa P. and L. Colombo (2010), “Technology Uncertainty and Market Collusion”, The Berkeley Electronic Journal of Economic analysis & policy 10 (1), 1-15.
Porter, M. (1990), “The competitive advantage of nations”, The Free Press: New York, 127-130.
Porter M. (1998), “Clusters and The New Economics of Competition”, Harvard Business Review; Boston; Nov/Dec 76(6), 77-90.
Prescott E. C. (1998), “Nedded: A theory of Total Factor Productivity”, International Economic Review 39, 525-551.
http://dx.doi.org/10.2307/2527389
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Published
2014-06-30
How to Cite
Timurçin, D., Omay, T., & Arin, K. P. (2014). A Note on the Efficiency Effects of Agglomeration Economies: Turkish Evidence. Journal of Reviews on Global Economics, 3, 186–189. https://doi.org/10.6000/1929-7092.2014.03.14
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