This paper presents a new way to identify and understand the industry clusters in the Colombian economy. The analysis relies on a recent methodology proposed by Duque and Rey (2008) where intricate input-output linkages between industries are simplified using network analysis. In addition to other techniques for cluster identication available in the literature, this novel methodology allows not only to classify each industry in a given cluster, but also to understand how industries are related to each other within their clusters. This methodology others a conciliatory approach to two radically different views about the economic unit from which policy makers should design their strategies for resource allocation: Porters cluster strategy versus Hausmanns industrial targeting.
JEL classification: C67, D57, L22.
Keywords: industry clusters, graph theory, inputoutput, impact analysis.
HouSI: A heuristic for the delimitation of housing submarkets and price homogeneous areas
Python library with spatially constrained clustering algorithms
Interactive tool for visualizing the interindustry dynamics in Colombian economy.
The Center for Urban and Environmental Studies, Urbam, is a new RiSE's partner. Interesting projects are coming!
Doctor Xinyue Ye, a RiSE’s academic affiliate, was awarded the Regional Development and Planning (RDPSG) Emerging Scholar by the Association of American Geographers (AAG).
The VI World Conference of the Spatial Econometrics Association (SEA) Conference in Latin America
