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IntroductionEntrepreneurship is a fundamental driver of economic evolution. It is also a distinctly spatially unevenprocess, and thus an important explanation of the uneven economic development of regions andnations. Not surprisingly, entrepreneurship is a key element of evolutionary economics...
Persistent link: https://www.econbiz.de/10005867730
In this paper we explore the hypothesis of spatial effects in the distribution of ForeignDirect Investments (FDI) across Russian regions. We make use of a model, whichdescribes FDI inflows as resulting from an agglomeration effect (the level of FDI in agiven region depends positively on the...
Persistent link: https://www.econbiz.de/10005868068
We investigate the impact of changes in international trade and domestic transport costs on the internalgeography of a domestic economy linked to the rest of the World through a hub. We address that issue bydeveloping two three regions model, namely a version of the Footlose Entrepreneur and a...
Persistent link: https://www.econbiz.de/10005868644
In this paper we build a quality-augmented version of an economic geography model whereconsumers have heterogenous tastes for a set of manufacturing varieties. We discuss afootloose capital model and a footloose entrepreneur model. We show that firms selling thegoods with higher values select...
Persistent link: https://www.econbiz.de/10005868673
We investigate the role of the transport sector in structuring the location of economic activitywithin two-region economic geography models of the footloose capital and core-peripherytypes. In our setting, competitive carriers offer transport services for shipping manufacturedgoods across...
Persistent link: https://www.econbiz.de/10005868684
We develop a model with two asymmetric countries. Firms choose the number andthe location of plants that they operate. The production of each firm increases whentrade costs fall. The fall also induces multinationals to repatriate their production intoa single country, which is likely to be the...
Persistent link: https://www.econbiz.de/10005868823
We distill the main insights from recent trade models on firms' responses toglobalization. Our primary aim is to assess the economic impact and the welfareimplications of the resulting reallocation of resources across frims and countries. In sodoing, we bring theory into life through the...
Persistent link: https://www.econbiz.de/10005868830
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