The effect of globalisation on industrial districts in Italy: evidence from the footwear sector



which downplays the cost factor and their lack of experience in the shoe sector. These
factors induce them to search for very skilful subcontractors that are already able to
produce for the top quality market, and, of course, the higher transaction costs involved
in the relationships with more distant and less qualified subcontractors. Nevertheless,
these conditions may change and the dynamic comparative advantage of high quality
producers may one day vanish.

34



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