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This paper contributes to the empirical literature by providing a quantitative measurement of the influence of regional trade integration on productivity. For this purpose we address the link between trade and productivity thanks to knowledge spillovers in a multi-country model. The...
Persistent link: https://www.econbiz.de/10010366570
Economic integration affects economic development through two main channels: growth and localization of the economic activities. The theories of endogenous growth and economic geography enable us to understand these mechanisms. We study in this paper their similarities and specificities before...
Persistent link: https://www.econbiz.de/10010366571
We use a model of combined endogenous growth and economic geography to study the impact of regional economic integration on the member and non-member countries of a regional union. Regional integration affects growth through interregional technology diffusion symbolized by knowledge spillovers...
Persistent link: https://www.econbiz.de/10010343970
key insight that emerges is that the interaction between agglomeration economies and comparative advantage involves a … comparative advantage in sectors governed by this force whilst the impact of agglomeration economies is enhanced by trade cost … small economies is not only shaped by the primitives that determine agglomeration economies and comparative advantage but …
Persistent link: https://www.econbiz.de/10012981495
key insight that emerges is that the interaction between agglomeration economies and comparative advantage involves a … comparative advantage in sectors governed by this force whilst the impact of agglomeration economies is enhanced by trade cost … small economies is not only shaped by the primitives that determine agglomeration economies and comparative advantage but …
Persistent link: https://www.econbiz.de/10011559701
In contrast to what several papers have argued recently, we show that firm heterogeneity fosters agglomeration of … propensity to export. This renders the home market more important speaking against agglomeration. We also relate changes in firm …
Persistent link: https://www.econbiz.de/10010291502
In contrast to what several papers have argued recently, we show that firm heterogeneity fosters agglomeration of … propensity to export. This renders the home market more important speaking against agglomeration. We also relate changes in firm … economic activity. -- firm heterogeneity ; agglomeration ; technological change ; trade ; labor mobility …
Persistent link: https://www.econbiz.de/10009687249
agglomeration is shown to be always sustainable, which complements existing results in literature …
Persistent link: https://www.econbiz.de/10012932118
into account. Our analysis furthermore implies that market-size based agglomeration forces are too weak to overcome the … a low elasticity of substitution) is very strong. This suggests that further agglomeration forces have to be invoked to … explain the agglomeration of economic activity observed in the real world. …
Persistent link: https://www.econbiz.de/10005763486
In contrast to what several papers have argued recently, we show that firm heterogeneity fosters agglomeration of … propensity to export. This renders the home market more important speaking against agglomeration. We also relate changes in firm …
Persistent link: https://www.econbiz.de/10010598915