Showing 1 - 10 of 163
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 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
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 explores domestic mergers and acquisitions (M&As) from the regional perspective. The Finnish firm-level evidence reveals that geographical closeness matters a lot for M&As within a single country. Thus, a great number of domestic M&As occur within narrowly defined regions....
Persistent link: https://www.econbiz.de/10005556219
This paper explores domestic mergers and acquisitions (M&As) from the regional perspective. The Finnish firm-level evidence reveals that geographical closeness matters a lot for M&As within a single country. Thus, a great number of domestic M&As occur within narrowly defined regions....
Persistent link: https://www.econbiz.de/10005118986
The fiscal tug-of-war between two countries to play host to a foreign- owned firm is like a Nash game. Suppose that the countries are not sure how much the firm values the sites that they offer to it. Also suppose that the countries fashion their expectation of site value by assigning the same...
Persistent link: https://www.econbiz.de/10005408046
itself, the setup of the New Economic Geography implies that de-agglomeration (or de- urbanization) is efficient. The number … itself is limited or asymmetric, then agglomeration can arise as an artifact of the constraints imposed by geography as …
Persistent link: https://www.econbiz.de/10005124887
A stylized pattern of interindustry trade between developing and developed regions identifies the former as specialists in light manufactures and latter in heavy manufactures. Conventional explanations for this pattern rely on the factor proportions model, which is empirically suspect. This...
Persistent link: https://www.econbiz.de/10005124921
We study the indeterminacy of equilibrium in the Fujita-Krugman (1995) model of city formation under monopolistic competition and increasing returns. Both the number and the locations of cities are endogenously determined. Assuming smooth transportation costs, we examine equilibria in...
Persistent link: https://www.econbiz.de/10005062508