Some Remarks on Marshallian External Economies and Industrial Tendencies

Marco Bellandi

Chapter 13 in The Economics of Alfred Marshall, 2003, pp 240-253 from Palgrave Macmillan

Abstract: Abstract Marshallian external economies have their clearest examples within the conditions found by Marshall in the so-called industrial districts.2 They are defined in the Principles as economies ‘dependent on the general development of industry’ and concurrently distinguished from internal economies. Internal economies depend on the resources, the organization and the efficiency of management of single firms.3 Ideal examples of external economies are discussed by Marshall in the pages that follow the definition, and usually with reference to conditions of industries localized in industrial districts. Two main types may be identified within his discourse.4

Keywords: Industrial Organization; Industrial District; Local Public Good; External Economy; Territorial Level (search for similar items in EconPapers)
Date: 2003
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DOI: 10.1007/978-0-230-59963-5_13

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