Kurata, Hiroshi; Nomura, Ryoichi - Graduate School of Economics and Business … - 2011
agglomeration better or worse off, depending on the degree of external economies of scale. We also prove that agglomeration makes … economies of scale. We propose a Chamberlinian agglomeration model with footloose capital, which is analytically-solvable. With …We investigate the effects of a reduction in trade costs on industrial location and welfare in an economy with external …