Kumagai, Satoru; Hayakawa, Kazunobu; Isono, Ikumo; … - Institute of Developing Economies, Japan External Trade … - 2012
This paper presents a simulation of the reduction of several components in trade cost for Asia and examines its impact on the economy. Our simulation model based on the new economic geography embraces seven sectors, including manufacturing and non-manufacturing sectors, and 1,715 regions in 18...
