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Agglomeration and Specialization Patterns when Firms and Workers are Footloose
Coulibaly, Souleymane - In: Journal of Economic Integration 23 (2008), pp. 205-236
between firms. We examine a setup that combines those two approaches in conjunction with local congestion costs. We find that …, as trade costs are lowered, the geographic concentration of total activity (agglomeration) follows an inverse u …. US city centers and non-metropolitan areas during the period 1850-1990 depict such specialization and agglomeration …
Persistent link: https://www.econbiz.de/10009415625
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Explaining the Phenomenon of Third World Urban Giants: The Effects of Trade Costs
Gustavsson, Rasha - In: Journal of Economic Integration 14 (1999), pp. 625-650
Traditional push-and-pull factors offered partial explanations to the size of large urban areas in the third world. Moreover, the growing literature in eco - nomic geography identifies an additional factor exacerbating the phenomenon, namely trade costs. The present study tests econometrically...
Persistent link: https://www.econbiz.de/10010840751
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Endogenously Asymmetric Demand Shocks in a Monetary Union
Loisel, Olivier - In: Journal of Economic Integration 20 (2005), pp. 746-770
This paper presents a two-country two-industry monetary model, with intermediate inputs and transport costs, which builds a bridge between the New Open Economy Macroeconomics and the New Economic Geography literatures. Endogenously asymmetric shocks arise in this model when the exchange rate...
Persistent link: https://www.econbiz.de/10009392011
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A Ricardian Model of New Trade and Location Theory
Antonio Ricci, Luca - In: Journal of Economic Integration 12 (1997), pp. 47-61
This paper provides a new model of firm’s location choices. It integrates a Ricardian model of comparative advantage with the location effects deriving from trade costs, increasing returns to scale, product dif ferentiation, and monopolistic competition. In a two-region,...
Persistent link: https://www.econbiz.de/10010840738
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The Effects of Regional Free Trade Agreements on Industrial Structure: An Extension of Krugman’s Economic Geography Model
Hur, Jung - In: Journal of Economic Integration 18 (2003), pp. 42-59
Extending Krugman’s (1991) economic geography model, this paper examines the stability of an industrial structure resulting from the production shifting-in effect of the formation of regional trade agreements. This paper claims that nonhigher external trade costs against non-member countries...
Persistent link: https://www.econbiz.de/10009318919
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Economic Geography, Comparative Advantage and Trade within Industries: Evidence from the OECD
Greenaway, David; Torstensson, Johan - In: Journal of Economic Integration 15 (2000), pp. 260-280
A large share of world trade, especially among the OECD countries, is twoway trade within industries, so called intra-industry trade. Despite this, few attempts have been made to examine why countries export some products with - in industries, whereas they import others. We examine this issue,...
Persistent link: https://www.econbiz.de/10010840759
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Urban Primacy, Gigantism, and International Trade: Evidence from Asia and the Americas
Moomaw, Ronald L.; Alwosabi, Mohammed A. - In: Journal of Economic Integration 22 (2007), pp. 439-460
Gustavsson [1999] finds that policies that promote international trade increase the size of a country’s largest city relative to the country’s total population, which is defined here as an increase in urban gigantism. In contrast, Ades and Glaeser [1995] report urban gigantism is reduced by...
Persistent link: https://www.econbiz.de/10009392037
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Convergence Dynamics in Mercosur
Blyde, Juan S. - In: Journal of Economic Integration 21 (2006), pp. 784-815
According to the traditional theory of international trade, a gradual opening of trade teamed with migration would make initially asymmetric regions more symmetric. In stark contrast, the new economic geography models show that factor mobility and opening may eventually exaggerates initial...
Persistent link: https://www.econbiz.de/10009391974
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Capital Heterogeneity, Industrial Clusters and Environmental Consciousness
Karkalakos, Sotiris - In: Journal of Economic Integration 25 (2010), pp. 353-375
sensitivity - trade liberalization may lead to industrial agglomeration and inter-regional trade. Capital heterogeneity gives … environmental consciousness assumption, giving rise to an agglomeration force, which can offset the forces against, trade costs and … the erosion of monopsony power. A robust agglomeration equilibrium is derived analytically and shows that pollution can …
Persistent link: https://www.econbiz.de/10009421170
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Moving up the Quality Ladder? EU-China Dynamics in Clothing
Vandenbussche, Hylke; Di Comite, Francesco; Rovegno, Laura - In: Journal of Economic Integration 28 (2013), pp. 303-326
We apply a simple method to study the relative quality of Chinese versus European products exported in the clothing sector after the end of the Multi-Fiber Arrangement. Based on the model of Foster et al., (2008), we interpret the change in relative export prices and quantities sold in narrowly...
Persistent link: https://www.econbiz.de/10010991716