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The Heckscher-Ohlin theory also did not adequately explain why rich entities such as Europe and the United States …
Persistent link: https://www.econbiz.de/10008464249
In this paper, based on the recent advances in the new economic geography (e.g., Fujita et al. [12]), we analyze impacts of transport costs on the spatial patterns of economic agglomeration. We first identify prototypes from the existing models, and explain the mechanism of how transport costs...
Persistent link: https://www.econbiz.de/10005371288
This paper presents an overview of recent development in the new economic geography (NEG), and discusses possible directions of its future development. Since there already exist several surveys on this topic, we focus on the selected features of the NEG which are important yet have attracted...
Persistent link: https://www.econbiz.de/10005385282
This paper presents a spatial analysis on regional dimensions of poverty and economic development across provinces of Iran. It offers the first ever estimation made in developing countries using this strand of "New Economic Geography" (NEG) models and provides a comparison of the results between...
Persistent link: https://www.econbiz.de/10005108457
paradigm is connected with the historical background of the traditional regional economics and trade theory. Furthermore, the …
Persistent link: https://www.econbiz.de/10008784901
Persistent link: https://www.econbiz.de/10000885391
Persistent link: https://www.econbiz.de/10008631283
New Economic Geography models usually abstract from unemployment. By contrast, wage curve models (Blanchflower and Oswald, 1994) imply a negative correlation between regional unemployment and wages, but fail to account for agglomeration effects. Relying upon some stylised facts concerning the...
Persistent link: https://www.econbiz.de/10010693118
world trade theory and their use in economic geography. His aim is to explain the reasons for the localization of activities …
Persistent link: https://www.econbiz.de/10008926798
Persistent link: https://www.econbiz.de/10005371311