The paper analyzes the effects of increasing capital market integration on production and market structures, trade and … stages of capital market integration are defined. First, capital is internationally immobile, secondly, capital is partly … of international trade which incorporates the new trade theory as well as aspects of the theory of multinational …

prices of the factors of production and the pattern of trade. An attempt is made at incorporating oligopoly market structure … anticompetitive effect. It is therefore important to take into consideration the underlying market structure while liberalizing …

between market size and entry. -- Endogenous Technology ; Entry ; Market Size Effect ; International Trade ; Monopolistic …

between market size and entry …

emerging as market equilibrium is "bubble-shaped", 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 … intermediate range of trade costs, the market equilibrium yields the socially optimal degree of agglomeration. An important …