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Agglomeration and trade revisited
Ottaviano, Gianmarco I. P.; Thisse, Jacques-François - 1999
The purpose of this paper is twofold. First, we present a new model of agglomeration and trade that displays the main … migration in the process of agglomeration instead of the simple Marshallian model used so far in the economic geography …
Persistent link: https://www.econbiz.de/10011608524
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Productivity and firm selection: Quantifying the new gains from trade
Corcos, Gregory; Del Gatto, Massimo; Mion, Giordano; … - 2009
We discuss how standard computable equilibrium models of trade policy can be enriched with selection effects without missing other important channels of adjustment. This is achieved by estimating and simulating a partial equilibrium model that accounts for a number of real world effects of trade...
Persistent link: https://www.econbiz.de/10010279399
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Productivity and firm selection : quantifying the "new" gains from trade
Corcos, Gregory; Del Gatto, Massimo; Mion, Giordano; … - 2009
We discuss how standard computable equilibrium models of trade policy can be enriched with selection effects without missing other important channels of adjustment. This is achieved by estimating and simulating a partial equilibrium model that accounts for a number of real world effects of trade...
Persistent link: https://www.econbiz.de/10008840049
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Beyond the home market effect: Market size and specialization in a multi-country world
Behrens, Kristian; Lamorgese, Andrea R.; Ottaviano, … - 2009
The standard two-country model of international trade with monopolistic competition predicts a more-than-proportional relationship between a country's share of world production of a good and its share of world demand for that same good, a result known as the home market effect. We first show...
Persistent link: https://www.econbiz.de/10010279388
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Beyond the home market effect : market size and specialization in a multi-country world
Behrens, Kristian; Lamorgese, Andrea; Ottaviano, … - 2009
The standard two-country model of international trade with monopolistic competition predicts a more-than-proportional relationship between a country's share of world production of a good and its share of world demand for that same good, a result known as the "home market effect". We first show...
Persistent link: https://www.econbiz.de/10008840036