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Paul Krugman has clarified the microeconomic underpinnings of both spatial economic agglomerations and regional imbalances at national and international levels. He has achieved this with a series of remarkably original papers and books that succeed in combining imperfect competition, increasing...
Persistent link: https://www.econbiz.de/10005497703
Globalization and European integration are substantially changing the interregional division of labor in Europe and the industrial specialization of European regions, thereby potentially affecting the extent of disparities between countries and regions. This paper reviews several theoretical...
Persistent link: https://www.econbiz.de/10010265464
Globalization and European integration are substantially changing the interregional division of labor in Europe and the industrial specialization of European regions, thereby potentially affecting the extent of disparities between countries and regions. This paper reviews several theoretical...
Persistent link: https://www.econbiz.de/10011495323
Persistent link: https://www.econbiz.de/10013261325
In the last ten years the space issue, i.e. the study of the role played by space in economic phenomena, has attracted a lot of interest from many economic fields. The combination of increasing returns, market imperfections, and trade costs creates forces that, together with factor endowments,...
Persistent link: https://www.econbiz.de/10010297289
transportation costs, i.e. promoting market openness, leads to sudden agglomeration, increasing inter-regional spillovers, i … leads to a less uneven distribution of welfare. -- New Economic Geography ; Agglomeration ; Footloose capital models …
Persistent link: https://www.econbiz.de/10003746276
In the last ten years the space issue, i.e. the study of the role played by space in economic phenomena, has attracted a lot of interest from many economic fields. The combination of increasing returns, market imperfections, and trade costs creates forces that, together with factor endowments,...
Persistent link: https://www.econbiz.de/10011448652
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
transportation costs, i.e. promoting market openness, leads to sudden agglomeration, increasing inter-regional spillovers, i …
Persistent link: https://www.econbiz.de/10010328418
The paper analyzes the impact of skill-biased migration policies under the economics of agglomeration. It therefore … develops an agglomeration model with two types of mobile worker who are heterogeneous and differ both within and between skill …
Persistent link: https://www.econbiz.de/10010294736