The Geographic Effects of Trade Liberalization with Increasing Returns in Transportation
This paper develops a model of economic geography that examines how the distribution of economic activity may change as a country opens up to foreign trade. The distinctive features of the model are that transportation is costly between locations within a nation as well as between nations, and that these transportation costs are subject to increasing returns to scale. A result of the model is that trade liberalization may cause the population of a country to become more concentrated in a single megalopolis. The large megalopolis may reduce welfare due to congestion costs, which implies that liberalization may unexpectedly leave the country worse off. Copyright Blackwell Publishing, Inc 2003
Year of publication: |
2003
|
---|---|
Authors: | Mansori, Kashif S. |
Published in: |
Journal of Regional Science. - Wiley Blackwell, ISSN 0022-4146. - Vol. 43.2003, 2, p. 249-268
|
Publisher: |
Wiley Blackwell |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Economic liberalization and savings rates
Mansori, Kashif S., (2001)
-
Tax competition and transfer pricing disputes
Mansori, Kashif S., (2001)
-
The geographic effects of trade liberalization with increasing returns in transportation
Mansori, Kashif S., (2003)
- More ...