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cluster together, turning location into a self-reinforcing process. Agglomeration raises the price of immobile local factors …
Persistent link: https://www.econbiz.de/10005662027
the hub, with better reciprocal access to spoke nations than to each other. Further liberalization induces agglomeration …
Persistent link: https://www.econbiz.de/10005123966
usage creates cost and demand linkages between firms and a tendency for agglomeration of each industry. When trade barriers … consumers. At lower trade barriers agglomeration forces dominate and the equilibrium involves specialization, with each industry …
Persistent link: https://www.econbiz.de/10005497849
This paper tackles the issue of the optimality of agglomeration in a two-region economy with skilled/mobile and … intermediate values, it yields agglomeration whereas dispersion is socially desirable. We show that competitive lobbying on factor …
Persistent link: https://www.econbiz.de/10005504229
tendency for manufacturing agglomeration. How does globalization affect the location of manufacturing and the gains from trade …
Persistent link: https://www.econbiz.de/10005114236