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Does national market size matter for industrial structure? This has been suggested by theoretical work on "home market" effects, as in Krugman (1980,1995). In this paper, I show that what previously was regarded as an assumption of convenience - transport costs only for the differentiated goods...
Persistent link: https://www.econbiz.de/10014072000
Does national market size matter for industrial structure? This has been suggested by theoretical work on quot;home marketquot;effects, as in Krugman (1980, 1995). In this paper, I show that what previously was regarded as an assumption of convenience transport costs only for the differentiated...
Persistent link: https://www.econbiz.de/10012732632
How do the number of trade partners and the concentration of trade among partners affect the economic growth of a country? We refer to these characteristics as the structure of trade, and explore this question empirically in this study. We find that the structure of trade, independently of the...
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