Identifying Industry Clusters in Colombia Based on Graph Theory
AbstractThis paper presents a new way to identify and understand the industry clusters in the Colombianeconomy. The analysis relies on a recent methodology proposed by Duque and Rey (2008) whereintricate input-output linkages between industries are simplified using network analysis. In addition to other techniques for cluster identification available in the literature, this novel methodology allows us not only to classify each industry in a given cluster, but also to understand how industries are related to each other within their clusters. This methodology offers a conciliatory approach to two radically different views about the economic unit from which policy makers should design their strategies for resource allocation: Porter´s cluster strategyversus Hausmann´s industrial targeting.
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Bibliographic InfoArticle provided by BANCO DE LA REPÚBLICA - ESPE in its journal ENSAYOS SOBRE POLÍTICA ECONÓMICA.
Volume (Year): (2009)
Issue (Month): ()
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industry clusters; graph theory; inputoutput; impact analysis.;
Find related papers by JEL classification:
- C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
- D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
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