Cluster Based Industrialization In China Financing And Performance

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Cluster Based Industrialization In China Financing And Performance
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Author : Cheryl Long, Xiaobo Zhang
language : en
Publisher: Intl Food Policy Res Inst
Release Date :
Cluster Based Industrialization In China Financing And Performance written by Cheryl Long, Xiaobo Zhang and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on with Social Science categories.
Cluster Based Industrialization In China
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Author : Cheryl Xiaoning Long
language : en
Publisher:
Release Date : 2009
Cluster Based Industrialization In China written by Cheryl Xiaoning Long and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
Using firm-level data from China's two recent censuses (Industry Census 1995 and Economic Census 2004) and a new measure of clustering (industry proximity), we show that China's rapid industrialization is marked by increased clustering. A higher degree of clustering is further shown to be associated with greater export growth and higher total factor productivity. We also find supporting evidence that clustering helps ease the credit constraints facing many small and medium enterprises through two mechanisms: (1) within a cluster, finer division of labor lowers the capital barriers to entry and (2) closer proximity makes the provision of trade credit among firms easier. Since both mechanisms reduce the need for external financing, a larger number of firms--and thus greater competition--emerge within clusters, which helps explain the higher levels of exports and total factor productivity. This cluster-based industrialization model fit particularly well with China's comparative advantage during its initial stage of takeoff, which was marked by scarcity of capital and an inefficient financial system. Hence our findings may be helpful to other developing countries with similar factor endowment patterns that are considering cluster-based development strategies.
Clusters As Drivers Of Local Industrial Development In Egypt Which Are The Promising Sectors And Locations
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Author : Abdelaziz, Fatma
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2018-07-03
Clusters As Drivers Of Local Industrial Development In Egypt Which Are The Promising Sectors And Locations written by Abdelaziz, Fatma and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-07-03 with Political Science categories.
Clusters – the geographic concentration of specialized firms that are working in similar or related activities and are interdependent – have played an important role in the industrial development of many countries, including in Europe, the Americas, and Asia. A large part of these successes can be explained by the ability of clusters to build on existing strengths of local communities, such as social capital and abundant labor, to overcome common constraints to economic expansion, such as weak financial markets and institutions. Realizing the potential for cluster-based development and the long history of clusters in the country, the Egyptian Government has made cluster-based industrialization a key pillar of Egypt’s sustainable development strategy to 2030. The timing for a cluster-based industrial development model for Egypt seems favorable as macroeconomic reforms in recent years have made Egypt’s economy more competitive and the country’s young labor force provides a comparative advantage for labor-intensive sectors. The objectives of this paper are to take stock of existing clusters in Egypt; to identify a set of promising “organic” clusters; and to make high-level recommendations for the further expansion of agribusiness and handicrafts clusters based on an innovative analysis of economic census data, a review of previous cluster studies in Egypt, and information obtained from expert interviews and a stakeholder workshop. Our findings suggest focusing cluster development efforts on Upper Egypt, which has a comparative advantage in several sectors, especially in labor-intensive sectors. However, the current cluster density in Upper Egypt is low, particularly in rural areas. Expanding the number and density of clusters there will likely require improvements in infrastructure, institutions, and services. The most promising clusters identified through the analysis include medical and aromatic plants, sugarcane, and tomatoes in the agribusiness sector; ready-made garments and carpets in the handicrafts sector, and furniture. These are all promising organic clusters based on their high market demand, export potential, labor intensity, and historical roots. We develop several recommendations for the agribusiness and the handicrafts sectors, especially highlighting the important facilitating role that local governments should play in cluster-based development by providing necessary basic public goods and services. In-depth case studies for specific, promising clusters should follow to help local governments and entrepreneurs to fully harness the unique opportunities that clusters can provide for local industrial development and job creation in Egypt.
Building Effective Clusters And Industrial Parks
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Author : Zhang, Xiaobo
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2016-12-22
Building Effective Clusters And Industrial Parks written by Zhang, Xiaobo and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-12-22 with Political Science categories.
It is a daunting task to build institution and infrastructure over a short time period in developing countries. But in the absence of sound institutions and adequate infrastructure, it is difficult for economic transformation to take place. An alternative is to facilitate existing industrial clusters or build industrial parks by creating an enabling environment in a limited place. This paper reviews the commonly used strategies to build effective clusters and industrial parks. Clusters and industrial parks are location specific. Because they have an informational advantage, local governments are in a better position than the central government to identify and solve the bottlenecks that affect clusters and industrial parks. As clusters and industrial parks evolve, new bottlenecks emerge, thereby requiring new solutions. This in turns calls for continuous tinkering by local governments. It is important to place local governments and business communities in the driver’s seat of local economic growth so that they can watch out for and adjust to the bumps in the road ahead.
The Oxford Handbook Of Structural Transformation
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Author : Célestin Monga
language : en
Publisher:
Release Date : 2019
The Oxford Handbook Of Structural Transformation written by Célestin Monga and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Business & Economics categories.
This Oxford Handbook provides a critical assessment of the history, patterns, and strategies of economic transformation. It deals with major themes including policy issues, illuminating country experiences, and important debates on the respective roles of the market and the state.
Industrial Clusters In International Value Chains
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Author : Joanna Bohatkiewicz-Czaicka
language : en
Publisher: Taylor & Francis
Release Date : 2024-07-10
Industrial Clusters In International Value Chains written by Joanna Bohatkiewicz-Czaicka and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-07-10 with Business & Economics categories.
Clusters are considered crucial nodes in the ongoing transformation of international value chains (IVCs). Due to technological advancements and external shocks, such as pandemic and political conflicts, value chains (VCs) have been spatially and functionally shortening, and clusters are well suited to address the resulting demand for more diversified and higher value-adding activities in geographical proximity, such as European economic area. However, clusters differ in their positions and capability to advance in IVCs, which induces the research problem of the conditions for cluster upgrading (CU). This monograph aims to develop a theoretical framework for regional CU and empirically verify this framework based on ICT clusters in Europe. It advances the theory of upgrading by linking the VC governance and capability approaches, broadening the empirical evidence on the conditions of CU, and providing policy recommendations. The unique value of the findings from research and practice results in the identification of the determinants for CU and conceptualizes them into new theoretical constructs of the sufficient Framework Conditions and the necessary and sufficient Public-Private Knowledge Governance. Our empirical basis is European clusters in ICT, an industry being one of the Key Enabling Technologies (KETs) for innovation and VC transformation. The Open Access version of this book, available at http://www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.
Cluster Based Development In Egypt A Study Of External Shocks To The Leather And Medicinal And Aromatic Plant Sectors
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Author : Abdelaziz, Fatma
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2021-12-31
Cluster Based Development In Egypt A Study Of External Shocks To The Leather And Medicinal And Aromatic Plant Sectors written by Abdelaziz, Fatma and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-31 with Political Science categories.
The Egyptian government has prioritized the idea of cluster-based development-that is, the geographic concentration of specialized firms, such as in this case, those producing similar or related products. The establishment of such clusters, however, presents significant challenges, bottlenecks, and obstacles. Based on primary field work, this paper focuses on two case studies of the impacts of shocks on business clusters. The first study involved the relocation of an established leather cluster from Cairo to a newly created industrial park, Robbiki Leather City, which was promoted by Egypt’s Ministry of Trade and Industry. Although the relocation partly solved the existing issues of water contamination, new challenges emerged relating to increased production and transportation costs, and unforeseen impacts on the community. The second study assessed the short-term impact of the COVID-19 pandemic on a business cluster producing medicinal and aromatic plants. Overall the MAPs sector was resilient to the outbreak and there are opportunities to offset any negative impacts of the pandemic by taking advantage of new markets for Egyptian MAPs stemming from supply disruptions in other countries; increased global demand for MAPs due to their pharmacological and health properties; and increased international demand for organically grown MAPs. Findings indicate that it is essential for governments to develop policy responses to the challenges-and especially barriers-to the development of business clusters, while simultaneously supporting and creating incentives for the cooperation, entrepreneurship, and collective action needed for business clusters to thrive and grow. As anticipated, challenges and obstacles-whether overarching or in response to shocks-are unique to specific sectors, contexts, and times, and hence need to be dealt with as an ongoing facilitation process.
The Industrial Policy Revolution I
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Author : Justin Lin Yifu
language : en
Publisher: Springer
Release Date : 2013-12-16
The Industrial Policy Revolution I written by Justin Lin Yifu and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-16 with Business & Economics categories.
This volume is the result of the 2012 International Economic Association's series of roundtables on the theme of Industrial Policy. The first, 'New Thinking on Industrial Policy,' was hosted by the World Bank in Washington, D.C, and the second, 'New Thinking on Industrial Policy: Implications for Africa,' was held in Pretoria, South Africa.
Local Clusters In Global Value Chains
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Author : Valentina De Marchi
language : en
Publisher: Routledge
Release Date : 2017-07-28
Local Clusters In Global Value Chains written by Valentina De Marchi and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-28 with Business & Economics categories.
The international fragmentation of economic activities – from research and design to production and marketing – described through the lens of the global value chain (GVC) approach impacts the structure and performance of small and medium-sized enterprises (SMEs) agglomerated in economic clusters. The consolidation of GVCs ruled by global lead firms and the recession of 2008-09 exacerbated the pressures on cluster actors that based their competitive advantage on local systems, spurring an increasing heterogeneity, both across and within clusters, that is still overlooked in the literature. Drawing on detailed studies of different industries and countries, Local Clusters in Global Value Chains shows the co-evolutionary trajectories of clusters and GVCs, and the role of firms and their strategies in organizing manufacturing and innovation activities in the context of ongoing technological shifts. The book explores the tension between place-based variables and global drivers of change, and the possibility for territories containing such clusters to prosper in the new global scenario. By adopting insights from the GVC framework and management studies, the book discusses how the internationalization strategies of firms create opportunities as well as constraints for adaptive upgrading in clusters. This book is of interest to both researchers and policy-makers who are interested in the dynamic sources of competitive advantage in the global economy.
Tales From The Development Frontier
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Author : Hinh T. Dinh
language : en
Publisher: World Bank Publications
Release Date : 2013-09-16
Tales From The Development Frontier written by Hinh T. Dinh and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-09-16 with Business & Economics categories.
Tales from the Development Frontier presents analytical reviews and case studies that show how selected countries have developed light manufacturing to create jobs and foster prosperity. The focus is on China, a current powerhouse in light manufacturing, but the volume also analyzes a selection of countries in Africa and Asia.