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solve analytically. We use the modified model to analyse the tendencies for geographical agglomeration of manufacturing … manufacturing tends to agglomerate for low trade costs. In the physical capital case, on the contrary, agglomeration will not occur …
Persistent link: https://www.econbiz.de/10005067355
Many countries devote a large part of their national budget to regional policy. This paper analyses the interaction of economic integration and some typical regional policies in a new economic geography model with three regions of different size. The policies analysed are the relocation of...
Persistent link: https://www.econbiz.de/10005645482
This paper focuses on tax competition and international migration in R&D sectors as agglomeration forces and trade …
Persistent link: https://www.econbiz.de/10010296580
This paper focuses on tax competition and international migration in R&D sectors as agglomeration forces and trade …
Persistent link: https://www.econbiz.de/10008534167
competition models. The agglomeration rent which accrues to the mobile factor in the core region can be taxed. Moreover, a tax … addition to the core-periphery equilibria, exhibits stable equilibria with partial agglomeration. We show that a tax … differential may arise as an equilibrium of the tax game even when there is only partial agglomeration and the mobile factor does …
Persistent link: https://www.econbiz.de/10010260682
competition models. The agglomeration rent which accrues to the mobile factor in the core region can be taxed. Moreover, a tax … addition to core-periphery equilibria, exhibits stable equilibria with partial agglomeration. We show that a tax differential … may arise as an equilibrium of the tax game even when there is only partial agglomeration and the mobile factor does not …
Persistent link: https://www.econbiz.de/10010261800
competition models. The agglomeration rent which accrues to the mobile factor in the core region can be taxed. Moreover, a tax … addition to the core-periphery equilibria, exhibits stable equilibria with partial agglomeration. We show that a tax … differential may arise as an equilibrium of the tax game even when there is only partial agglomeration and the mobile factor does …
Persistent link: https://www.econbiz.de/10004963795
competition models. The agglomeration rent which accrues to the mobile factor in the core region can be taxed. Moreover, a tax … addition to core-periphery equilibria, exhibits stable equilibria with partial agglomeration. We show that a tax differential … may arise as an equilibrium of the tax game even when there is only partial agglomeration and the mobile factor does not …
Persistent link: https://www.econbiz.de/10005763719
The present paper focuses on sorting as a mechanism behind the well-established fact that there is a central region productivity premium. Using a model of heterogeneous firms that can move between regions, Baldwin and Okubo (2006) show how more productive firms sort themselves to the large core...
Persistent link: https://www.econbiz.de/10008693104
This paper compares two policies: trade cost reduction and firm relocation cost reduction using a three-country version of a heterogeneous-firms economic geography model, where the three countries have different market (population) size. We show how the effects of the two policies differ, in...
Persistent link: https://www.econbiz.de/10008764492