Showing 1 - 10 of 728,465
This paper investigates the relation between agglomeration of economic activity and the pattern of specialization of … differentiation, monopolistic competition, trade costs, and factor mobility. Several interesting results arise. An endogenous relative … specialized in the differentiated good in which it has a comparative advantage. Agglomeration occurs not only in large markets …
Persistent link: https://www.econbiz.de/10010397940
This paper investigates the relation between agglomeration of economic activity and the pattern of specialization of … differentiation, monopolistic competition, trade costs, and factor mobility. Several interesting results arise. An endogenous relative … specialized in the differentiated good in which it has a comparative advantage. Agglomeration occurs not only in large markets …
Persistent link: https://www.econbiz.de/10009623423
model of trade and location. More specifically, we introduce horizontal and vertical multi-region firms into the core …This paper analyses the effect on agglomeration tendencies of allowing firms to become multi-region firms in a standard …-periphery (CP) model developed by Krugman (1991). The introduction of horizontal multi-region firms dampens the strong agglomeration …
Persistent link: https://www.econbiz.de/10005645400
This paper sets up a two country monopolistic competition model with intra-industry trade to study the effects of an … exogenous differential in wage and social policies on the location of industry. Two model scenarios are considered. In the … traditional one with physical capital, such a differential induces a relocation effect which increases with the level of trade …
Persistent link: https://www.econbiz.de/10011438609
'agglomeration in a system of cities' in which both intra-city trade and inter-city trade are considered. Enriching both the … literature on integration/agglomeration and that on city size and formation, we show that: i) devolution results in over-agglomeration … economic (i.e. intensity of trade) integration, the higher is the magnitude of the inefficiency. From a theoretical point of …
Persistent link: https://www.econbiz.de/10011324971
'agglomeration in a system of cities' in which both intra-city trade and inter-city trade are considered. Enriching both the … literature on integration/agglomeration and that on city size and formation, we show that: i) devolution results in over-agglomeration … economic (i.e. intensity of trade) integration, the higher is the magnitude of the inefficiency. From a theoretical point of …
Persistent link: https://www.econbiz.de/10011603547
This paper uses a two country trade and geography model of monopolistic competition to study the effects of wage … policies and social policies on the location of industry. It is first shown that a union wage push in one of two otherwise … identical countries induces a relocation of firms which increases with the level of economic integration as measured by trade …
Persistent link: https://www.econbiz.de/10010262711
This paper sets up a two country monopolistic competition model with intra-industry trade to study the effects of an … exogenous differential in wage and social policies on the location of industry. Two model scenarios are considered. In the … traditional one with physical capital, such a differential induces a relocation effect which increases with the level of trade …
Persistent link: https://www.econbiz.de/10010260672
This paper presents a simple, analytically solvable Chamberlinian agglomeration model. As in the canonical core …
Persistent link: https://www.econbiz.de/10010262568
This paper presents a simple Chamberlinian agglomeration model which, like the canonical core-periphery (CP) model … complete agglomeration predicted by the CP model. …
Persistent link: https://www.econbiz.de/10011438277