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Trade, Wages, and Productivity
Behrens, Kristian; Mion, Giordano; Murata, Yasusada; … - 2008
We develop a new general equilibrium model of trade with heterogeneous firms, variable demand elasticities and endogenously determined wages. Trade integration favors wage convergence, intensifies competition, and forces the least efficient firms to leave the market, thereby affecting aggregate...
Persistent link: https://www.econbiz.de/10014214678
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Integration, Agglomeration and Welfare
Pflüger, Michael; Suedekum, Jens - 2021
simple, analytically solvable "new economic geography" model with two trade integrating regions. The location pattern …
Persistent link: https://www.econbiz.de/10013319019
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Trade, Wages, and Productivity
Behrens, Kristian; Mion, Giordano; Murata, Yasusada; … - 2021
We develop a new general equilibrium model of trade with heterogeneous firms, variable demand elasticities and endogenously determined wages. Trade integration favors wage convergence, intensifies competition, and forces the least efficient firms to leave the market, thereby affecting aggregate...
Persistent link: https://www.econbiz.de/10013324989
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Trade, Wages, and Productivity
Behrens, Kristian - 2012
We develop a new general equilibrium monopolistic competition model with variable demand elasticity, heterogeneous firms, and multiple asymmetric regions. Wages, productivity, consumption diversity, and markups across firms and markets are all endogenously determined and respond to trade...
Persistent link: https://www.econbiz.de/10013097109
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Concentration and Specialisation Trends in Germany since Reunification
Suedekum, Jens - HWWA Institut für Wirtschaftsforschung - 2004
In this paper we describe the development of regional specialisation and geographical concentration in Germany between 1993 and 2001. Somewhat contrary to theoretical expectations derived from the recent literature in location theory, we neither find compelling evidence for a specialisation...
Persistent link: https://www.econbiz.de/10010957315
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Concentration and Specialisation Trends in Germany since Reunification
Suedekum, Jens - 2004
In this paper we describe the development of regional specialisation and geographical concentration in Germany between 1993 and 2001. Somewhat contrary to theoretical expectations derived from the recent literature in location theory, we neither find compelling evidence for a specialisation...
Persistent link: https://www.econbiz.de/10010295418
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Optimal agglomeration and regional policy
Suedekum, Jens; Pflueger, Michael - 2004
simple, analytically solvable ‘new economic geography’ model with two trade integrating regions. The location pattern … counterproductive when trade integration is deep enough JEL-Classification: F12, F15, F22, R12, R50 Keywords: economic geography …
Persistent link: https://www.econbiz.de/10011318894
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A Synthesis of Footloose-Entrepreneur New Economic Geography Models : When is Agglomeration Smooth and Easily Reversible?
Pflüger, Michael - 2010
Models of the new economic geography share a number of common conclusions, but also exhibit notable differences, in … economic geography models have relied heavily on specific functional forms. In this article we approach the properties of a … particular class of new economic geography models, the class of footloose entrepreneur models, with a unifying framework based on …
Persistent link: https://www.econbiz.de/10012716025
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On Pitchforks and Tomahawks
Pflüger, Michael; Suedekum, Jens - 2021
The core-periphery model by Krugman (1991) has two 'dramatic' implications: catastrophic agglomeration and locational hysteresis. We study this seminal model with CES instead of Cobb-Douglas upper tier preferences. This small generalization suffices to change these stark implications. For a wide...
Persistent link: https://www.econbiz.de/10013324862
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Towards a Unifying Approach of the 'New Economic Geography'
Pflüger, Michael; Suedekum, Jens - 2021
Models of the new economic geography share a number of common conclusions, but also exhibit notable differences, in … entrepreneur' class of new economic geography models with a unifying framework based on the indirect utility function of mobile …
Persistent link: https://www.econbiz.de/10013317473