Biographical note: Richard Baldwin is Professor of International Economics at the Graduate Institute of International Economics in Geneva. Rikard Forslid is Associate Professor of Economics at Stockholm University. Philippe Martin is Professor of Economics at the University of Paris 1...

The paper returns to a familiar topic in international trade, comparative advantage, introducing it into Krugman's classic, core-periphery model of economic geography. This extra force of dispersion radically changes the stability properties of the model. Instead of the familiar result that...

We present a model where long-run growth and industrial location are jointly endogenous by introducing Romerian product innovation growth into Krugman's core-periphery model. We focus on stability, showing that growth is a powerful centripetal force, but that knowledge spillovers are a powerful...

Applying a newly developed CGE-model, we present scenarios for the future economic geography of Europe. The model divides the world into ten regions, five of which are European, and 14 industries, of which 12 are imperfectly competitive. With a complete input-output structure, the model captures...

Applying a newly developed CGE-model, we present scenarios for the future economic geography of Europe. The model divides the world into ten regions, of which five are European, and there are 14 industries, of which 12 are imperfectly competitive. With a complete input-output structure, the...