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Economies
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Industrial Clusters, Agglomeration and Economic Development
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Industrial Clusters, Agglomeration and Economic Development

A special issue of Economies (ISSN 2227-7099).

Deadline for manuscript submissions: 31 December 2024 | Viewed by 3563

Special Issue Editor

Prof. Dr. Kuchiki Akifumi

E-Mail Website
Guest Editor
Institute for International Trade and Investment, 1-4-5, 37 Kowa Building Tsukiji, Chuoku, Tokyo, Japan
Interests: regional integration; anti-globalization; globalization; global value chain; agglomeration; income gaps
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

Countries now face the challenge of how companies can drive innovation under the Fourth Industrial Revolution. The COVID-19 pandemic has made us realize that all countries across the globe require a "digital" economy as well as a "green" economy. Clusters, or agglomerations, are one of the most effective regional growth strategies for overcoming the current challenges. Its analysis can be performed from various angles, including organizational management, spatial economics, and sequencing economics. First, spatial economics can be used to drive location conditions in economic decision making. Second, sequencing economics provides an architectural theory of agglomeration. It analyzes the dynamic processes that construct segments of agglomerations efficiently and discusses how segments of agglomerations are sequenced for their efficient construction. Third, geographic management theory attempts to identify the factors that contribute to the competitive advantage of a region. Other approaches to clusters and economic development are welcome. This Special Issue aims to publish original theoretical and empirical papers and/or case studies on various aspects of clusters.

Prof. Dr. Kuchiki Akifumi
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Economies is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1800 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • agglomeration
  • innovation
  • location theory
  • sequencing
  • building process
  • management
  • digital
  • green
  • case studies

Published Papers (4 papers)

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Research

28 pages, 2772 KiB  
Article
Brake Segment for Agglomeration Policy: Engineers as Human Capital
by Akifumi Kuchiki
Economies 2024, 12(7), 163; https://doi.org/10.3390/economies12070163 - 27 Jun 2024
Viewed by 519
Abstract
A “segment” is a component of the organization of an agglomeration. The organization of agglomeration is formed by the construction of segments. Manufacturing agglomeration segments can be divided into four main categories: human resources including engineers, physical infrastructure, institutions, and living environment. Each [...] Read more.
A “segment” is a component of the organization of an agglomeration. The organization of agglomeration is formed by the construction of segments. Manufacturing agglomeration segments can be divided into four main categories: human resources including engineers, physical infrastructure, institutions, and living environment. Each segment then has a specific function in the process of building industrial agglomeration. We focus on the process of building segments in agglomeration formation. We define a “brake segment” as a segment that has a “function” to decelerate the speed of the process. The purpose of this paper is to identify the existence of this brake segment in the process of constructing the segments of the manufacturing agglomeration. We obtained the following three results. First, a modified version of the spatial economic model yields that the number of agglomerated firms is inversely related to the wages of skilled workers. Second, a factor analysis of the data on investment environment costs indicates that in the case of the manufacturing industry, the number of agglomerated firms are inversely related to the wages of engineers. Third, the factor analysis of the six countries in the JBIC survey reveals that the segment that poses the investment issue in foreign direct investment in India is engineers as human capital. We conclude that engineers as human capital are a brake segment. The implication is that the sustained development of “engineers” as human capital is essential for the success of manufacturing industry agglomeration. Full article
(This article belongs to the Special Issue Industrial Clusters, Agglomeration and Economic Development)
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15 pages, 3315 KiB  
Article
Spatial Aspect of Global Value Chain in East Asia: How Ports and Airports Shape Industrial Clusters in East Asia
by Satoru Kumagai
Economies 2024, 12(6), 151; https://doi.org/10.3390/economies12060151 - 14 Jun 2024
Viewed by 468
Abstract
This paper examines how geography matters for the location of industries in East Asia, employing regression analyses on a novel and comprehensive regional GDP dataset. This study examines how geography affects industrial location patterns, particularly the role of infrastructure, such as ports and [...] Read more.
This paper examines how geography matters for the location of industries in East Asia, employing regression analyses on a novel and comprehensive regional GDP dataset. This study examines how geography affects industrial location patterns, particularly the role of infrastructure, such as ports and airports. This paper analyzes the current economic geography of East Asia using the novel dataset. The regression analyses utilize location quotients as the dependent variable and incorporate explanatory variables, such as domestic/foreign market access, per capita income, population density, and distance-based dummies for ports and airports. The findings reveal that the determinants of industrial location differ significantly across industries. The relative importance of domestic versus foreign market access and proximity to ports and airports varies across sectors. The results imply that countries/regions cannot easily host industries of their choice, as different industries require distinct locational characteristics. Full article
(This article belongs to the Special Issue Industrial Clusters, Agglomeration and Economic Development)
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28 pages, 1156 KiB  
Article
Industrial Synergy Agglomeration, Urban Innovation Capacity, and Advanced Manufacturing Development
by Hua Yin and Wen Su
Economies 2024, 12(5), 117; https://doi.org/10.3390/economies12050117 - 14 May 2024
Viewed by 726
Abstract
This paper endeavors to construct an evaluative framework to assess the level of development in advanced manufacturing across the 31 provinces in China from 2003 to 2021. Additionally, it aims to investigate the impact of industrial synergy agglomeration on the development of advanced [...] Read more.
This paper endeavors to construct an evaluative framework to assess the level of development in advanced manufacturing across the 31 provinces in China from 2003 to 2021. Additionally, it aims to investigate the impact of industrial synergy agglomeration on the development of advanced manufacturing by employing a moderated mediation model and the Spatial Durbin Model (SDM). The research results demonstrate that industrial synergy agglomeration facilitates the development of advanced manufacturing, with particularly pronounced effects in the eastern region of China and the 18 provinces that already possess national advanced manufacturing clusters. Urban innovation capacity plays an intermediary role, and both manufacturing intelligence and international capacity cooperation exhibit positive moderating effects in the direct and indirect pathways through which industrial synergy agglomeration influences the development of advanced manufacturing. Furthermore, industrial synergy agglomeration exhibits strong spillover effects on the development of advanced manufacturing. To boost the development of the advanced manufacturing industry, it is imperative to expedite the establishment of an industrial synergy spatial layout, foster a culture of enterprise innovation and intelligent transformation, emphasize inter-provincial communication and cooperation, and facilitate cross-border resource integration. Full article
(This article belongs to the Special Issue Industrial Clusters, Agglomeration and Economic Development)
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16 pages, 1771 KiB  
Article
Sectoral Performance Trends and Differences in the Balkan and Eastern European Region
by Tamás Kristóf, Attila Virág and Miklós Virág
Economies 2024, 12(4), 87; https://doi.org/10.3390/economies12040087 - 11 Apr 2024
Viewed by 1362
Abstract
This article provides an empirical analysis aimed at evaluating the financial trends and disparities at the sector level within the Balkan and Eastern European region. The dataset encompasses a period of nine years and comprises more than 20 million firm-year observations from 24 [...] Read more.
This article provides an empirical analysis aimed at evaluating the financial trends and disparities at the sector level within the Balkan and Eastern European region. The dataset encompasses a period of nine years and comprises more than 20 million firm-year observations from 24 industries in 21 countries. It uses 19 financial ratios to assess sectoral performance. In the empirical investigation, trend analysis and the two-step cluster analysis methods were used. Following the global financial crisis, a significant proportion of financial ratios exhibited favorable trends, indicating robust business and economic circumstances. Nevertheless, this trajectory was temporarily disrupted in 2020 due to the onset of the COVID-19 pandemic. By 2021, the financial ratios had reverted back to their historical patterns. Country membership, margin, liquidity, trade turnover, profitability, and leverage ratios are the most effective variables for explaining differences in sectoral performance. Sector membership is a comparatively less influential factor. Although this study effectively identified significant disparities in financial ratio profiles, it does not suggest that companies in the most developed countries in the region attain the most favorable financial performance. Stakeholders who have a vested interest in this region should carefully contemplate the ramifications of the findings from this study. Full article
(This article belongs to the Special Issue Industrial Clusters, Agglomeration and Economic Development)
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