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Persistent link: https://www.econbiz.de/10009736852
Modeling a micro-structure of agglomeration economies, this article derives a second-best benefit evaluation formula … for urban transportation improvements. Without explicitly modeling the sources of agglomeration economies, Venables (JTEP … monopolistic competition with differentiated products provides a micro-foundation of agglomeration economies. Introducing the rural …
Persistent link: https://www.econbiz.de/10011548147
This paper investigates the urbanization of the Indian manufacturing sector by combining enterprise data from formal and informal sectors. We find that plants in the formal sector are moving away from urban and into rural locations, while the informal sector is moving from rural to urban...
Persistent link: https://www.econbiz.de/10010540907
This paper investigates the relation between agglomeration of economic activity and the pattern of specialization of … specialized in the differentiated good in which it has a comparative advantage. Agglomeration occurs not only in large markets … advantage drives specialization, while absolute advantage drives agglomeration. …
Persistent link: https://www.econbiz.de/10010397940
This paper investigates the relation between agglomeration of economic activity and the pattern of specialization of … specialized in the differentiated good in which it has a comparative advantage. Agglomeration occurs not only in large markets … advantage drives specialization, while absolute advantage drives agglomeration. …
Persistent link: https://www.econbiz.de/10010958399
This paper investigates the relation between agglomeration of economic activity and the pattern of specialization of … specialized in the differentiated good in which it has a comparative advantage. Agglomeration occurs not only in large markets … advantage drives specialization, while absolute advantage drives agglomeration. …
Persistent link: https://www.econbiz.de/10009623423
integration. The "new economic geography" world assumes mobile entrepreneurs which can relocate thus bringing agglomeration forces …
Persistent link: https://www.econbiz.de/10011438609
key insight that emerges is that the interaction between agglomeration economies and comparative advantage involves a … comparative advantage in sectors governed by this force whilst the impact of agglomeration economies is enhanced by trade cost … small economies is not only shaped by the primitives that determine agglomeration economies and comparative advantage but …
Persistent link: https://www.econbiz.de/10011543995
imperfect competition, can lead to the agglomeration of industry as regions integrate. …
Persistent link: https://www.econbiz.de/10005612337
This paper analyses the methodology developed by Behrens and Murata (2007) to introduce variable mark-ups into models of monopolistic competition. Their risk- aversion explanation to the presence of ¯xed mark-ups in the Dixit and Stiglitz (1977) model is validated; however, we show that their...
Persistent link: https://www.econbiz.de/10011003403