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Creating Industry Classifications by Statistical Cluster Analysis/Generación de clasificaciones industriales mediante técnicas estadísticas de análisis cluster

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  • PENEDER, MICHAEL

    () (Austrian Institute of Economic Research (WIFO), Vienna.)

Abstract

Much emphasis on the sectoral perspective in economics originates in the observation of the diverse and contingent nature of competitive behaviour, where a firm’s performance depends on the capability to match its organisation and strategy to the technological, social and economic restrictions imposed by the business environment. For this reason, analytically based industry classifications are frequently applied in empirical studies on competitive performance, technological development, international trade, and industrial economics. This paper shows how the use of statistical cluster analysis and the generation of empirically based sectoral classifications can provide new and valuable tools for research into the sectoral contingency of industrial development. El estudio de la diversidad del comportamiento competitivo en las distintas ramas de actividad se ha convertido en uno de los principales objetivos del análisis sectorial de forma tal que el mayor o menor nivel de éxito de una determinada empresa esta condicionado por su capacidad para adaptar su organización y estrategias competitivas a las restricciones especificas de su entorno, tanto tecnológico, como socio-económico. Por este motivo, las clasificaciones sectoriales obtenidas de forma analítica son frecuentemente utilizadas en los estudios empíricos de competitividad, desarrollo technologic, comercio internacional o economía industrial. En este artículo se muestra cómo el uso del análisis cluster para generar calsificaciones sectoriales puede convertirse en una valiosa herramienta para la investigación aplicada al desarrollo sectorial.

Suggested Citation

  • Peneder, Michael, 2005. "Creating Industry Classifications by Statistical Cluster Analysis/Generación de clasificaciones industriales mediante técnicas estadísticas de análisis cluster," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 23, pages 451-463, Agosto.
  • Handle: RePEc:lrk:eeaart:23_2_10
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    References listed on IDEAS

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    1. Michael Peneder, 2003. "Industry Classifications: Aim, Scope and Techniques," Journal of Industry, Competition and Trade, Springer, vol. 3(1), pages 109-129, March.
    2. Michael Peneder, 2003. "The Employment of it Personnel," National Institute Economic Review, National Institute of Economic and Social Research, vol. 184(1), pages 74-85, April.
    3. Bart van Ark, 2001. "The Renewal of the Old Economy: An International Comparative Perspective," OECD Science, Technology and Industry Working Papers 2001/5, OECD Publishing.
    4. Michael Peneder, 2007. "A sectoral taxonomy of educational intensity," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 34(3), pages 189-212, July.
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    More about this item

    Keywords

    Sectoral Classifications; Taxonomy; Sstatistical Cluster Analysis; Industrial Development/Clasificación sectorial; Análisis Cluster; Desarrollo industrial.;

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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