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Persistent link: https://www.econbiz.de/10012096054
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...
Persistent link: https://www.econbiz.de/10008473175