Similar Search Results

The Core-Periphery Model With Forward-Looking Expectations

Baldwin, Richard - C.E.P.R. Discussion Papers - 1999

The 'core-periphery model' is vitiated by its assumption of static expectations. That is, migration (inter-regional or intersectoral) is the key to agglomeration, but migrants base their decision on current wage differences alone--even though migration predictably alters wages and workers are...

Persistent link: https://www.econbiz.de/10005666517

A Many-Country Model of Industrialization

Breinlich, Holger; Cuñat, Alejandro - C.E.P.R. Discussion Papers - 2011

We draw attention to the role of economic geography in explaining important cross-sectional facts which are difficult to account for in existing models of industrialization. By construction, closed-economy models that stress the role of local demand in generating sufficient expenditure on...

Persistent link: https://www.econbiz.de/10009207519

Country Size and Comparative Advantage: An Empirical Study

Torstensson, Johan - C.E.P.R. Discussion Papers - 1997

We formulate a simple model that captures two recent hypotheses: (i) that countries with an abundant absolute endowment of skilled labour will be net exporters in R&D-intensive industries; and (ii) that countries with a large domestic market will be net exporters in scale-intensive industries....

Persistent link: https://www.econbiz.de/10005792049

History and Industry Location: Evidence from German Airports

Redding, Stephen J.; Sturm, Daniel M; Wolf, Nikolaus - C.E.P.R. Discussion Papers - 2007

A central prediction of a large class of theoretical models is that industry location is not necessarily uniquely determined by fundamentals. In these models, historical accident or expectations determine which of several steady-state locations is selected. Despite the theoretical prominence of...

Persistent link: https://www.econbiz.de/10005792403

Economic Geography and International Inequality

Redding, Stephen J.; Venables, Anthony J - C.E.P.R. Discussion Papers - 2000

This paper estimates a structural model of economic geography using cross-country data on per capita income, bilateral trade, and the relative price of manufacturing goods. More than 70% of the variation in per capita income can be explained by the geography of access to markets and to sources...

Persistent link: https://www.econbiz.de/10005504220

What Determines the Economic Geography of Europe?

Haaland, Jan I.; Kind, Hans Jarle; Ulltveit-Moe, … - C.E.P.R. Discussion Papers - 1999

This paper focuses on what the driving forces behind industry localisation in Europe are. Based on traditional as well as new trade theory and new economic geography our cross-sectoral empirical analysis seeks to explain the pattern of relative and absolute concentration of manufacturing...

Persistent link: https://www.econbiz.de/10005504618

Firms in International Trade

Bernard, Andrew B.; Jensen, J. Bradford; Redding, Stephen; … - Centre for Economic Performance, LSE - 2007

Despite the fact that importing and exporting are extremely rare firm activities, economists generally devote little attention to the role of firms when discussing international trade. This paper summarizes key differences between trading and non-trading firms, demonstrates how these differences...

Persistent link: https://www.econbiz.de/10005510456

Economic Geography and International Inequality

Redding, Stephen; Venables, Anthony J. - Centre for Economic Performance, LSE - 2001

Persistent link: https://www.econbiz.de/10005016687

Factor Price Equalization in the UK?

Bernard, Andrew B.; Redding, Stephen; Schott, Peter K.; … - Centre for Economic Performance, LSE - 2002

This paper develops a general test of factor price equalization that is robust to unobserved regional productivity differences, unobserved region- industry factor quality differences and variation in production technology across industries. We test relative factor price equalization across...

Persistent link: https://www.econbiz.de/10005017180

Explaining Cross-Country Export Performance: International Linkages and Internal Geography

Redding, Stephen; Venables, Anthony J. - Centre for Economic Performance, LSE - 2002

This paper investigates the determinants of countries' export performance looking in particular at the role of … decomposition, we move on to an econometric analysis of the determinants of export performance. Results include the finding that … to explaining Sub-Saharan Africa's poor export performance. …

Persistent link: https://www.econbiz.de/10005017195