IDEAS home Printed from https://ideas.repec.org/p/wiw/wiwrsa/ersa02p518.html
   My bibliography  Save this paper

On the concept of territorial competitiveness: sound or misleading?

Author

Listed:
  • Camagni, Roberto

    ()

Abstract

In a globalising economy, territories and not just firms increasingly find themselves in competition with each other. In fact, differently from the case of countries, cities and regions compete, on the international market for goods and production factors, on the basis of an absolute advantage principle, and not of a comparative advantage principle; this means that no efficient, automatic mechanism like currency devaluation or prompt flexibility of wages and prices - may grant each territory some role in the inter-national division of labour, whatever its relative performance. Competitiveness of territories emerges as a central issue, in order to secure employment stability, benefits from external integration, continuing growth of local wellbeing and wealth. The arguments put forward by Paul Krugman, defining the concept of competitiveness wrong and misleading, cannot be accepted in a territorial 'regional and urban' context.

Suggested Citation

  • Camagni, Roberto, 2002. "On the concept of territorial competitiveness: sound or misleading?," ERSA conference papers ersa02p518, European Regional Science Association.
  • Handle: RePEc:wiw:wiwrsa:ersa02p518
    as

    Download full text from publisher

    File URL: http://www-sre.wu.ac.at/ersa/ersaconfs/ersa02/cd-rom/papers/518.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Kaldor, Nicholas, 1970. "The Case for Regional Policies," Scottish Journal of Political Economy, Scottish Economic Society, vol. 17(3), pages 337-348, November.
    2. A. P. Thirlwall, 2007. "Regional Problems are "Balance-of-Payments" Problems," Regional Studies, Taylor & Francis Journals, vol. 41(sup1), pages 89-95.
    Full references (including those not matched with items on IDEAS)

    More about this item

    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:wiw:wiwrsa:ersa02p518. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Gunther Maier). General contact details of provider: http://www.ersa.org .

    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.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.