{"id":3585,"date":"2020-06-08T00:13:51","date_gmt":"2020-06-07T22:13:51","guid":{"rendered":"http:\/\/www.rsijournal.eu\/?p=3585"},"modified":"2020-06-07T18:29:48","modified_gmt":"2020-06-07T16:29:48","slug":"agglomeration-economics-and-asymmetric-information-role-of-institutions","status":"publish","type":"post","link":"https:\/\/rsijournal.eu\/?p=3585","title":{"rendered":"AGGLOMERATION ECONOMICS AND ASYMMETRIC INFORMATION: ROLE OF INSTITUTIONS"},"content":{"rendered":"<h2>Vinko MU\u0160TRA<a href=\"#_ftn1\">[1]<\/a><\/h2>\n<h3>Associate professor, Faculty of Economics, Business and Tourism, University  of Split<\/h3>\n<h3>vmustra@efst.hr<\/h3>\n<h2>Hrvoje KALINI\u0106<\/h2>\n<h3>Assistant professor, Faculty of Science, University of Split<\/h3>\n<h3><a title=\"hrvoje.kalinic@pmfst.hr\" href=\"mailto:hrvoje.kalinic@pmfst.hr\">hrvoje.kalinic@pmfst.hr<\/a><\/h3>\n<p><strong>Abstract<\/strong><\/p>\n<p>This paper constructs the model that links agglomeration economics with information asymmetries. It extends the literature by launching the concept that explains influence of the asymmetric information on agglomeration economies by emphasizing the role of the transaction cost under institutional framework. Consequently, the predictions of the model suggesting that impact of agglomeration economies depends on stages of development highlight the importance of different approach to the agglomeration economies phenomena in developing\u00a0 and developed countries.<\/p>\n<p><strong>Keywords:<\/strong> agglomeration economics, asymmetric information, transaction costs, institutions<\/p>\n<p><strong>JEL classification: <\/strong>R1, O4, D8<\/p>\n<p><a href=\"http:\/\/www.rsijournal.eu\/ARTICLES\/June_2020\/13.pdf\" target=\"_blank\"><em>read more<\/em><\/a><\/p>\n<hr size=\"1\" \/><a href=\"#_ftnref1\">[1]<\/a> Corresponding author<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vinko MU\u0160TRA[1] Associate professor, Faculty of Economics, Business and Tourism, University of Split vmustra@efst.hr Hrvoje KALINI\u0106 Assistant professor, Faculty of Science, University of Split hrvoje.kalinic@pmfst.hr Abstract This paper constructs the model that links agglomeration economics with information asymmetries. It extends the literature by launching the concept that explains influence of the asymmetric information on agglomeration&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[181],"tags":[1046,1047,1045,594,787,413,1048],"class_list":["post-3585","post","type-post","status-publish","format-standard","hentry","category-published","tag-agglomeration-economics","tag-asymmetric-information","tag-d8","tag-institutions","tag-o4","tag-r1","tag-transaction-costs"],"_links":{"self":[{"href":"https:\/\/rsijournal.eu\/index.php?rest_route=\/wp\/v2\/posts\/3585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rsijournal.eu\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rsijournal.eu\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rsijournal.eu\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rsijournal.eu\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3585"}],"version-history":[{"count":1,"href":"https:\/\/rsijournal.eu\/index.php?rest_route=\/wp\/v2\/posts\/3585\/revisions"}],"predecessor-version":[{"id":3586,"href":"https:\/\/rsijournal.eu\/index.php?rest_route=\/wp\/v2\/posts\/3585\/revisions\/3586"}],"wp:attachment":[{"href":"https:\/\/rsijournal.eu\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rsijournal.eu\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rsijournal.eu\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}