Showing 1 - 10 of 26
We examine a linear city duopoly where firms choose their locations to maximize expected profits, uncertain about how consumers will assess the relative quality of their products. Equilibrium locations depend on the ratio of the expected quality superiority to the strength of horizontal...
Persistent link: https://www.econbiz.de/10005504793
This paper describes the possible impact of multi-speed integration on the location of economic activities in Europe … lower income. We analyse the effect of different integration sequences on industrial location and convergence during the … differentials at the time of integration are the main determinant of industry location. A long transition period may then be called …
Persistent link: https://www.econbiz.de/10005497760
Anti-dumping policies are often justified as legitimate actions by governments in their efforts to protect domestic producers from unfair foreign competition. We investigate the impact of anti-dumping rules on firms' production decisions as to how much and where to produce. Anti-dumping measures...
Persistent link: https://www.econbiz.de/10005497797
An important element of the cost of distance is time taken in delivering final and intermediate goods. We argue that time costs are qualitatively different from direct monetary costs such as freight charges. The difference arises because of uncertainty. Unsynchronized deliveries can disrupt...
Persistent link: https://www.econbiz.de/10005067441
Theory is divided on whether falling transport costs lead to more or less spatial concentration of economic activity. Using US county-level data we find that aggregate employment became more concentrated between 1972-92. This aggregate picture hides important differences between sectors though....
Persistent link: https://www.econbiz.de/10005067549
-stage game with uncertainty it is demonstrated that location is influenced by both flexibility and strategic concerns. We show …
Persistent link: https://www.econbiz.de/10005656238
The aim of this paper is to analyse the effects of suburban housing discrimination on the wages and unemployment rates of black workers. In a duocentric city with efficiency wages, it is shown that, when blacks experience suburban housing discrimination, they face a higher unemployment rate in...
Persistent link: https://www.econbiz.de/10005661463
This review of recent contributions reveals common conclusions about the effects of integration on location. For high … cluster together, turning location into a self-reinforcing process. Agglomeration raises the price of immobile local factors …
Persistent link: https://www.econbiz.de/10005662027
This paper describes the spread of industry from country to country as a region grows. All industrial sectors are initially agglomerated in one country, tied together by input-output links between firms. Growth expands industry more than other sectors, bidding up wages in the country in which...
Persistent link: https://www.econbiz.de/10005662334
We examine the economic justification for providing investment subsidies to foreign-owned multinationals. These provide employment opportunities and generate demand for domestic intermediate inputs, produced by domestic workers with increasing returns to scale. Offering subsidies to...
Persistent link: https://www.econbiz.de/10005666536