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A 2-country model with two groups of agents, workers and capitalists is presented in which economic integration results … income. Then, after a certain level of integration has been reached, the less industrialised country is completely de …. The structure of the equilibrium sets during integration is characterised completely. …
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sophisticated consideration of the concept of integration is pointed out. We investigate the issue of scale, scale economies, and … density and the important role integration plays in these considerations as well. We especially argue that future research … should more precisely focus on integration as a dynamic concept that does not only affect agglomeration and growth, but which …
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This paper shows that the opportunity costs resulting from economic interdependence decrease the equilibrium …
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economic objective. Economists' interest in interdependence often stems from complementarities (or substitutabilities) in the … environment they analyze. This paper studies interdependence using supermodular objective functions: these functions treat their …
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