Izvorni znanstveni članak
ON ECONOMIC FRONTIERS: EXPLORING THE RATIONALE BEHIND MODERN MARKET INTEGRATION
Valentin Cojanu
Sažetak
This paper suggests that the benefits of market integration
project reach an asymptotic limit in the realm
of close communities when adherence to the same
values is critical to achieve internal market reform
rather than the other way round. An optimal context
of market integration is hypothesized as a territory
circumscribed by economic frontiers within which
jurisdictions are willing, on the one hand, to share resources
with other members to reap the benefits from
externalities and economies of scale, and, on the other
hand, are able to target policy initiatives at a geographical
scale that reflect directly regional commonality.
This theoretical framework is illustrated with a
discussion of Romania as a country case by drawing
on cluster analysis and trade integration data.
Ključne riječi
Territory; Optimal jurisdiction; Market area; Competitiveness; Romania
Hrčak ID:
113959
URI
Datum izdavanja:
1.12.2013.
Posjeta: 2.762 *