Beenstock, Michael; Felsenstein, Daniel - In: Papers in Regional Science 89 (2010) 1, pp. 155-172
Most models of regional agglomeration are based on the new economic geography (NEG) model in which returns to scale are pecuniary. We investigate the implications for regional agglomeration of a 'Marshallian' model in which returns to scale derive from technological externalities. Workers are...