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key insight that emerges is that the interaction between agglomeration economies and comparative advantage involves a … comparative advantage in sectors governed by this force whilst the impact of agglomeration economies is enhanced by trade cost … small economies is not only shaped by the primitives that determine agglomeration economies and comparative advantage but …
Persistent link: https://www.econbiz.de/10011543995
This paper presents a simple Chamberlinian agglomeration model which, like the canonical core-periphery (CP) model … complete agglomeration predicted by the CP model. …
Persistent link: https://www.econbiz.de/10011438277
The last century has witnessed dramatic changes in the world economy. The service (tertiary) sector, which at the beginning of the 20th century was of little importance relative to agriculture and manufacturing, has become the dominant sector today, accounting for 80% and more of value added in...
Persistent link: https://www.econbiz.de/10010482477
This paper presents a simple, analytically solvable Chamberlinian agglomeration model. As in the canonical core …
Persistent link: https://www.econbiz.de/10011403753
The core-periphery model by Krugman (1991) has two 'dramatic' implications: catastrophic agglomeration and locational … and easily reversible transition from symmetry to agglomeration. …
Persistent link: https://www.econbiz.de/10005822499
The last decade has been shaped by dramatic developments in international trade, international investment and production, both in terms of the scale of events and in terms of their qualitative nature. Intriguing questions have been thrown up concerning the labor market impact of these...
Persistent link: https://www.econbiz.de/10010640645
integration. The ?new economic geography? world assumes mobile entrepreneurs which can relocate thus bringing agglomeration forces …
Persistent link: https://www.econbiz.de/10010260672
competition models. The agglomeration rent which accrues to the mobile factor in the core region can be taxed. Moreover, a tax … addition to the core-periphery equilibria, exhibits stable equilibria with partial agglomeration. We show that a tax … differential may arise as an equilibrium of the tax game even when there is only partial agglomeration and the mobile factor does …
Persistent link: https://www.econbiz.de/10010260682
competition models. The agglomeration rent which accrues to the mobile factor in the core region can be taxed. Moreover, a tax … addition to core-periphery equilibria, exhibits stable equilibria with partial agglomeration. We show that a tax differential … may arise as an equilibrium of the tax game even when there is only partial agglomeration and the mobile factor does not …
Persistent link: https://www.econbiz.de/10010261800
This paper presents a simple, analytically solvable Chamberlinian agglomeration model. As in the canonical core …
Persistent link: https://www.econbiz.de/10010262568