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The paper deals with a location game involving two symmetric firms. The players choose strategies in a spatial setting made up by two asymmetric countries,where the smallest country has a labour cost advantage. Determination of equilibrium location patterns enables to assess under what...
Persistent link: https://www.econbiz.de/10005463736
Main trends of per capita income convergence in Portugal and the European Union are surveyed. An explanation is given to the fact that in the last two decades countries have converged, while no visible convergence has taken place among the regions belonging to a given country. A theoretical...
Persistent link: https://www.econbiz.de/10005463763
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Public choice theory postulate that agents in a non-market setting are instrumentally rational and selfish. However, this approach creates some problems related to the raison d'etre of the normative public choice research programme. This paper considers interaction in two different environments,...
Persistent link: https://www.econbiz.de/10005593057
This paper addresses the issue of industrial development using a coordination game. Complementarities between transport infrastructure provision by the Government and consumer goods manufacturing firms, and among consumer goods firms themselves dictate the outcome: either the transport...
Persistent link: https://www.econbiz.de/10010721135
The learning group in Regional Economics works in a similar way as the Balint medical group. During a session, a “problem” is presented by a group member, in the context of a rotation or “turn taking”. The other members do not try to ”solve the problem” by adding technical...
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In this paper, we develop a Listian model of economic development. The economy consists of a primary sector and a potential industrial sector that can arise via industrialization. Industrialization however depends on if the primary sector specializes on the primary product, which can lead to a...
Persistent link: https://www.econbiz.de/10011194292
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