This paper examines the relationship between resource development and industrialization. When transport costs are high, the region with a more valuable natural resource offers a higher welfare than the other region. However, when transport costs decrease, firms begin to move out of the region,...

This paper surveys the growing literature on the home market effects (HMEs) in spatial economics. The HMEs are utilized to disclose the role of country size in the configuration of economic activity. Various HMEs display distinctive features of size advantage and they are originally obtained...