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We investigate where cities are located in a spatial economy and why they tend to get "locked-in" at particular sites. Building on Fujita and Krugman (1995) we show that geography and/or transportation technology must exhibit some "non-smoothness" for cities to possibly become "locked-in" in...
Persistent link: https://www.econbiz.de/10005043181
Paul Krugman has clarified the microeconomic underpinnings of both spatial economic agglomerations and regional imbalances at national and international levels. He has achieved this with a series of remarkably original papers and books that succeed in combining imperfect competition, increasing...
Persistent link: https://www.econbiz.de/10005497703
Peaks and troughs in the spatial distributions of population, employment and wealth are a universal phenomenon in search of a general theory. Such spatial imbalances have two possible explanations. In the first, uneven economic development can be seen as the result of the uneven distribution of...
Persistent link: https://www.econbiz.de/10005662148
We study the impact of falling trade costs and falling national transport costs on the economic geography of countries involved in an integration process. Two regions between which labour is mobile form each country, but there is no international factor mobility. Commodities can be traded both...
Persistent link: https://www.econbiz.de/10005667127
is sufficiently small. In particular, when trade barriers are low enough, full agglomeration in the country with the …
Persistent link: https://www.econbiz.de/10005668409
-integrated firms is a counter-example to the strong agglomeration effects found in the CP model. A symmetric equilibrium will always be … stable and hence agglomeration is prevented. The introduction of vertically-integrated firms that can separate the location … original CP model and thus lead to more agglomeration. Second, it also tends to decrease the parameter space in which full …
Persistent link: https://www.econbiz.de/10005789037
agglomeration of economic activities. …
Persistent link: https://www.econbiz.de/10005791623
these - and this is shown to be true also for perfectly coordinated tax increases. It is also shown that an agglomeration is … agglomeration for some levels of taxes. …
Persistent link: https://www.econbiz.de/10005792349
models involving spatial agglomeration of economic activities. The proposed method overcomes the limitations of the Turing … (1952) approach that has been used to analyze the emergence of agglomeration in the multi-regional core-periphery (CP) model … of Krugman (1993, 1996). In other words, the proposed method allows us to examine whether agglomeration of mobile factors …
Persistent link: https://www.econbiz.de/10008541511
heterogeneity smooths the agglomeration patterns but that it should be considered neither as a dispersion force nor as an … agglomeration force. Indeed, the introduction of taste heterogeneity makes an initially dispersed economy less dispersed and an …
Persistent link: https://www.econbiz.de/10005008443