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“Porter vs Krugman”: History, Analysis and Critique of Regional Competitiveness

Journal of Economics and Political Economy

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Title “Porter vs Krugman”: History, Analysis and Critique of Regional Competitiveness
 
Creator ALEXANDROS, Psofogiorgos Nikolaos; Economist, Researcher
Department of Economics, University of Thessaly, Volos, Greece
METAXAS, Theodore; Department of Economics, University of Thessaly, Volos, Greece
 
Subject Michael Porter; Paul Krugman; Regional Competitiveness
R11; R19; R38
 
Description Abstract. The subject of this study is to determine the competitiveness through an interdisciplinary approach of the theories of the new economic geography and regional economy. This article describes in detail the theory of competitiveness, which is defined differently by many authors, with particular emphasis on opposing views of Michael Porter and Paul Krugman. One of the first writers who stressed the importance of the geographical position was Michael Porter. In his model, the author emphasizes that the geographical concentration of firms enhances productivity, innovation and export sector. Following this theory, many authors have focused on the research of the "location problem ", which led to better connection of economics and geography. The result of these activities is the new guidelines that have been developed, such as the new theory of economic geography and regional economy. The new economic geography is mainly related to the Nobel prized, Paul Krugman, whose theories often conflict with those of Porter. This study initially sets out the views of both authors, in terms of competitiveness and then attempts to make a comparative analysis between the theories they developed.Keywords. Michael Porter, Paul Krugman, Regional Competitiveness.JEL. R11, R19, R38.
 
Publisher Journal of Economics and Political Economy
Journal of Economics and Political Economy
 
Contributor —
 
Date 2016-03-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/JEPE/article/view/657
10.1453/jepe.v3i1.657
 
Source Journal of Economics and Political Economy; Vol 3, No 1 (2016): March; 65-80
Journal of Economics and Political Economy; Vol 3, No 1 (2016): March; 65-80
2148-8347
 
Language eng
 
Relation http://www.kspjournals.org/index.php/JEPE/article/view/657/807
 
Rights Copyright (c) 2016 Journal of Economics and Political Economy
http://creativecommons.org/licenses/by-nc/4.0