S. Pinch et N. Henry, Paul Krugman's geographical economics, industrial clustering and the British motor sport industry, REG STUD, 33(9), 1999, pp. 815-827
Paul Krugman's geographical economics, industrial clustering and the Britis
h motor sport industry, Reg. Studies 33, 815-827. Paul Krugman is one of a
growing band of economists who have discovered the importance of the region
in stimulating national economic competitiveness. Whilst the early reactio
ns to his ideas by geographers tended to be hostile, there have recently be
en calls by geographers for a more considered view of his concepts. This pa
per examines the utility of Krugman's ideas for explaining the geographical
cluster of small firms constituted by the British motor sport industry. It
is argued that Krugman's emphasis upon accidents of history and external e
conomies of scale provides only partial insights into the reasons for the e
volution and maintenance of this industrial agglomeration. Greater insights
are provided by an approach which focuses upon the dissemination of knowle
dge through the concept of untraded interdependencies.