Showing 1 - 6 of 6
This paper investigates the transmission mechanisms of noise and volatility between economies through trade links, and the effects of synchronization on business cycles. We investigate the transmission of outside noise and the fluctuations that the noise generates. We identify conditions under...
Persistent link: https://www.econbiz.de/10005119350
dispersion - agglomeration configuration when regional and/or international trade are liberalised. Two main results are found …, the first one is that dispersion Pareto dominates agglomeration, the second one is that the agglomeration rent is not bell …
Persistent link: https://www.econbiz.de/10005062585
This paper uses a model of horizontal multinational enterprises to explore the relationship between transportation costs and trade policy cooperation. Tariffs have the effect of attracting foreign direct investment to the benefit of consumers in the host country. As transport costs fall, the...
Persistent link: https://www.econbiz.de/10005062652
agglomeration of production into a manufacturing core and agricultural periphery, creating regional income differentials. We examine … thus higher equilibrium taxes. Moreover, economic integration must increase taxes when the forces of agglomeration are the …
Persistent link: https://www.econbiz.de/10005556493
’s economic-geography model in which demand linkages can generate agglomeration of manufacturing activity. Manufacturing labour is … assumed to be imperfectly mobile between countries. This constrains the forces of agglomeration within the region and suggests … that the model may be applicable to Europe. We show that trade liberalisation may lead initially to partial agglomeration …
Persistent link: https://www.econbiz.de/10005119320
This paper tries to resolve the paradox raised by Corden and Findlay (1975). In this paper, it is assumed that Manufacture sector has scale economies. Both factor prices and product prices can adjust in a general equilibrium system. In a closed economy, this paper concludes that, with the...
Persistent link: https://www.econbiz.de/10005119324