Showing 1 - 10 of 1,603
In this chapter, we provide an overview of the relationship between international migration and international trade as … well as capital movements. We start out by identifying key issues through a brief comparison between modern migration and … the mass migration of the nineteenth century, followed by a review of insights that can be drawn from a general factor …
Persistent link: https://www.econbiz.de/10014025432
workers move from the periphery to the core, but it is rather reinforced by migration. These theoretical predictions of our …
Persistent link: https://www.econbiz.de/10014073681
One of the most prominent instruments of regional policy is to foster education and human capital formation in economically lagging regions. However, regional policy of this type can actually hurt instead of help the poor areas. The reason is that individual geographical mobility increases with...
Persistent link: https://www.econbiz.de/10014092828
It is widely perceived that globalization squeezes public sector activities by making taxation more costly. This is attributed to increased factor mobility and to a more elastic labour demand due to improved scope for relocation of production and thus employment across countries.We argue that...
Persistent link: https://www.econbiz.de/10012723298
Does national market size matter for industrial structure? This has been suggested by theoretical work on quot;home marketquot;effects, as in Krugman (1980, 1995). In this paper, I show that what previously was regarded as an assumption of convenience transport costs only for the differentiated...
Persistent link: https://www.econbiz.de/10012732632
I show that military spending contributes to international arms proliferation through a push effect: large demand encourages production growth in the domestic market if transport costs are non-negligible. Under increasing returns to scale, the country can then supply weapons on the global market...
Persistent link: https://www.econbiz.de/10012994416
Persistent link: https://www.econbiz.de/10010190985
This paper describes the implementation in GAMS of an economic equilibrium model based on the GTAP version 9 dataset. We call this model and the ancillary programming tools GTAPINGAMS, version 9. Relative to previous installments of GTAPINGAMS, an innovation in this model is that it can easily...
Persistent link: https://www.econbiz.de/10011622480
The "core-periphery model" is vitiated by its assumption of static expectations. That is, migration (inter-regional or … migration predictably alters wages and workers are (implicitly) infinitely lived. The assumption was necessary for analytic … consider forward-looking expectations. These techniques reveal a startling result. If quadratic migration costs are …
Persistent link: https://www.econbiz.de/10014202934
We present a model where long-run growth and industrial location are jointly endogenous by introducing Romerian product innovation growth into Krugman's core-periphery model. We focus on stability, showing that growth is a powerful centripetal force, but that knowledge spillovers are a powerful...
Persistent link: https://www.econbiz.de/10014143524