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After the price liberalization in 1991, the Russian economy was faced with a jump of costs of transportation in real terms. New Economic Geography (NEG) gives answers to questions that are related to changes in transport costs. However, the outcomes of NEG models are very sensitive with respect...
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The aim of the study is to compare the methodology of spatial model building of two very influential economists, Thünen and Krugman. Thünen is a representative nineteen century economist and Krugman represents the method of contemporary neoclassical mainstream economics. Thünen is mostly...
Persistent link: https://www.econbiz.de/10011131944
In this paper we employ parametric and nonparametric techniques to analyse the effect of the changes registered on regional market potential on the growth of Spanish regions during the period 1860-1930. The study of the Spanish experience during these years conforms a case study that allows...
Persistent link: https://www.econbiz.de/10011132022
New economic geography focuses on the impact of falling transport costs on the spatial distribution of activities. However, it disregards the role of technological innovations, which are central to modern economic growth, as well as the role of migration costs, which are a strong impediment to...
Persistent link: https://www.econbiz.de/10011075792
We study the effect of international trade and freeness of trade on interregional inequality within countries. While most studies focus on single countries and only some use a small panel of countries, we use the two largest databases available to examine these issues. One database is provided...
Persistent link: https://www.econbiz.de/10011075924