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'agglomeration in a system of cities' in which both intra-city trade and inter-city trade are considered. Enriching both the … economic (i.e. intensity of trade) integration, the higher is the magnitude of the inefficiency. From a theoretical point of …
Persistent link: https://www.econbiz.de/10011324971
simple, analytically solvable ?new economic geography? model with two trade integrating regions. The location pattern … emerging as market equilibrium is ?bubbleshaped?, i.e. it features dispersion of firms both at high and low trade costs and … trade costs. Our central finding is that the market equilibrium is characterised by over-agglomeration for high trade costs …
Persistent link: https://www.econbiz.de/10010262068
Urbanization economies - the effects on productivity and utility created endogenously by larger cities - are a fundamental component of both the economic geography of modern societies and the perpetuation of innovation and economic growth at a national level. Cities account for vast majorities...
Persistent link: https://www.econbiz.de/10010269597
A central feature of many models of location choice -- whether of firms or households, within or across cities -- is the role of local interactions or spillovers, whereby the payoffs from choosing a location depend in part on the number or attributes of other individuals or firms that choose the...
Persistent link: https://www.econbiz.de/10010369153
With the growing recognition of the role played by geography in all sorts of economic problems, there is strong interest in measuring the size and scope of local spillovers (i.e., simple anonymous agglomeration or congestion effects, or more complicated interactions between individuals or firms...
Persistent link: https://www.econbiz.de/10010369170
effects of these costs on international trade. First, we investigate the extent to which maritime and road transport costs … determinants of trade flows. The main results of this investigation indicate that real distance is not a good proxy for … exports and they seem to deter trade to a greater extent than road or maritime transit time when endogeneity is considered. …
Persistent link: https://www.econbiz.de/10010300142
maritime piracy from the IMB. Our results show that maritime piracy significantly increases trade cost between Europe and Asia. …
Persistent link: https://www.econbiz.de/10010286640
This paper investigates how the measures of genetic distance between populations, which have been used in anthropology and historical linguistics, can be used in economics. What does the correlation between genetic distance and economic variables mean? Using the measure of genetic distance, a...
Persistent link: https://www.econbiz.de/10010267771
Im Zuge der Globalisierung nimmt die Intensität der Beziehungen zwischen Nationen, zwischen Unternehmen und zivilgesellschaftlichen Akteuren zu. Transnationale Normbildungsnetzwerke entstehen, die einen bislang wenig bekannten Einfluss auf alle Lebensbereiche (Wirtschafts- und...
Persistent link: https://www.econbiz.de/10010293521
Parameterbereiche existieren in denen die Unternehmen nach einer exogenen Senkung der Transportkosten die Produktdifferenzierung …
Persistent link: https://www.econbiz.de/10010300398