Showing 1 - 10 of 62
A central prediction of a large class of theoretical models is that industry location is not necessarily uniquely determined by fundamentals. In these models, historical accident or expectations determine which of several steady-state locations is selected. Despite the theoretical prominence of...
Persistent link: https://www.econbiz.de/10010746443
A central prediction of a large class of theoretical models is that industry location is not necessarily uniquely determined by fundamentals. In these models, historical accident or expectations determine which of several steady-state locations is selected. Despite the theoretical prominence of...
Persistent link: https://www.econbiz.de/10005670452
This paper exploits the division of Germany after the Second World War and the reunification of East and West Germany in 1990 as a natural experiment to provide evidence of the importance of market access for economic development. In line with a standard new economic geography model, we find...
Persistent link: https://www.econbiz.de/10010746209
This paper exploits the division of Germany after the Second World War and the reunification of East and West Germany in 1990 as a natural experiment to provide evidence of the importance of market access for economic development. In line with a standard new economic geography model, we find...
Persistent link: https://www.econbiz.de/10010746562
The theoretical result that there are welfare gains from trade is a central tenet of international economics. In a … class of trade models that satisfy a "gravity equation," the welfare gains from trade can be computed using only the open … economy domestic trade share and the elasticity of trade with respect to variable trade costs. The measured welfare gains from …
Persistent link: https://www.econbiz.de/10011125924
, population, trade and industry composition. Guided by the predictions of this model, we review the empirical literature on the …
Persistent link: https://www.econbiz.de/10011126069
This paper exploits the division of Germany after the Second World War and the reunificationof East and West Germany in 1990 as a natural experiment to provide evidenceof the importance of market access for economic development. In line with a standard neweconomic geography model, we find that...
Persistent link: https://www.econbiz.de/10005796066
This paper exploits the division of Germany after the Second World War and the reunification of East and West Germany in 1990 as a natural experiment to provide evidence of the importance of market access for economic development. In line with a standard new economic geography model, we find...
Persistent link: https://www.econbiz.de/10005151014
This paper exploits the division of Germany after the Second World War and the re-unification of East and West Germany in 1990 as a natural experiment to provide evidence of the importance of market access for economic development. In line with a standard new economic geography model, we find...
Persistent link: https://www.econbiz.de/10005069335
-available trade data and the values of trade and migration elasticities. They have an intuitive interpretation in terms of underlying …
Persistent link: https://www.econbiz.de/10014322852