A Note on the Efficiency Effects of Agglomeration Economies: Turkish Evidence
Document Type
Article
Source of Publication
Journal of Reviews on Global Economics
Publication Date
6-30-2014
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.
DOI Link
ISSN
Volume
3
First Page
186
Last Page
189
Disciplines
Business
Keywords
SMEs, Cluster, Competitiveness, Productive and Allocative Efficiency, Ordered Panel Probit Models
Recommended Citation
Arin, K. Peren; Omay, Tolga; and Timurçin, Deniz, "A Note on the Efficiency Effects of Agglomeration Economies: Turkish Evidence" (2014). All Works. 4597.
https://zuscholars.zu.ac.ae/works/4597
Indexed in Scopus
no
Open Access
yes
Open Access Type
Bronze: This publication is openly available on the publisher’s website but without an open license