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Harrigan, James; Venables, Anthony J - C.E.P.R. Discussion Papers - 2004

An important element of the cost of distance is time taken in delivering final and intermediate goods. We argue that time costs are qualitatively different from direct monetary costs such as freight charges. The difference arises because of uncertainty. Unsynchronized deliveries can disrupt...

Persistent link: https://www.econbiz.de/10005067441

Industrial Clusters: Equilibrium, Welfare and Policy

Norman, Victor D; Venables, Anthony J - C.E.P.R. Discussion Papers - 2001

This Paper studies the size and number of industrial clusters that will arise in a multi-country world in which, because of increasing returns to scale, one sector has a propensity to cluster. It compares the equilibrium with the world welfare maximum, showing that the equilibrium will generally...

Persistent link: https://www.econbiz.de/10005067646

The implications of natural resource exports for non-resource trade

Harding, Torfinn; Venables, Anthony J - C.E.P.R. Discussion Papers - 2013

Foreign exchange windfalls such as those from natural resource revenues change non-resource exports, imports, and the capital account. We study the balance between these responses and, using data on 41 resource exporters for 1970-2006, show that the response to a dollar of resource revenue is,...

Persistent link: https://www.econbiz.de/10011083402

International trade in natural resources: Practice and policy

Ruta, Michele; Venables, Anthony J - C.E.P.R. Discussion Papers - 2012

Natural resources account for 20% of world trade, and dominate the exports of many countries. Policy is used to … (equivalent to trade taxes if no domestic production is possible). We review the literature, and argue that the policy equilibrium …

Persistent link: https://www.econbiz.de/10011084003

Geographical Disadvantage: A Heckscher-Ohlin-Von Thunen model of International Specialization

Limão, Nuno; Venables, Anthony J - C.E.P.R. Discussion Papers - 1999

We analyze the trade and production patterns of countries located at varying distances from an economic centre. Exports … trade depend both on factor endowments and factor intensities, and on distance and the transport intensities of different … goods. Countries divide into zones with different trade patterns, some export oriented and others import substituting. We …

Persistent link: https://www.econbiz.de/10005661554