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This paper examines how the decline of communication costs between management and production facilities within firms … and the decrease in trade costs of manufactured goods affect the spatial organization of a two-region economy with multi …-unit/multi-plant firms. The development of information technology decreases the costs of communication and trade costs. Thus, the …
Persistent link: https://www.econbiz.de/10005534141
This paper analyses industrial policy in a high wage open economy hosting an agglomeration consisting of vertically linked upstream and downstram firms. We show that optimal policy towards upstream in-dustries typically di¤er from the optimal policy towards downstream industries.
Persistent link: https://www.econbiz.de/10005672019
This paper presents an overview of recent development in the new economic geography (NEG), and discusses possible …
Persistent link: https://www.econbiz.de/10005816505
stronger the market power of firms as well as the intensity of increasing returns to scale and the lower the trade costs. As …
Persistent link: https://www.econbiz.de/10010295580
-agglomeration (fewer cities, which tend to be over-sized) and low welfare; ii) the higher the level of spatial (i.e. transport costs) and …
Persistent link: https://www.econbiz.de/10011324971
features of the recent economic geography literature while allowing for the derivation of analytical results by means of simple … migration in the process of agglomeration instead of the simple Marshallian model used so far in the economic geography …
Persistent link: https://www.econbiz.de/10011608524
We study the effects of a decrease in inter-city transport costs on the spatial distribution of population in a multi … transport costs are reduced gradually from a very high level to a very low level, there is a first phase in which large cities … to vary as transport costs are reduced from large to small values, it first decreases and then increases …
Persistent link: https://www.econbiz.de/10012760816
-agglomeration (fewer cities, which tend to be over-sized) and low welfare; ii) the higher the level of spatial (i.e. transport costs) and …
Persistent link: https://www.econbiz.de/10011603547
stronger the market power of firms as well as the intensity of increasing returns to scale and the lower the trade costs. As …
Persistent link: https://www.econbiz.de/10010957404
This paper examines how the decline of communication costs between management and production facilities within firms … and the decrease in trade costs of manufactured goods affect the spatial organization of a two-region economy with multi …-unit-multi-plant firms. The development of information technology decreases the costs of communication and trade costs. Thus, the …
Persistent link: https://www.econbiz.de/10005385300