We build a new economic geography model incorporating differences in productivity among sectors and countries, thus allowing for comparative advantage. We study the role that market size, absolute advantage, and comparative advantage have on the trade patterns and the long‐run spatial distribution of economic activity in a world with multicones of specialization. We briefly mention the possibility of long‐term fluctuations in the spatial distribution of industry by relying on a discrete‐time framework.
On the new Geography of a multi-cone world / Commendatore, Pasquale; Kubin, Ingrid; Mossay, Pascal. - In: REVIEW OF INTERNATIONAL ECONOMICS. - ISSN 0965-7576. - 26:3(2018), pp. 539-554. [10.1111/roie.12312]
On the new Geography of a multi-cone world
Pasquale Commendatore
;
2018
Abstract
We build a new economic geography model incorporating differences in productivity among sectors and countries, thus allowing for comparative advantage. We study the role that market size, absolute advantage, and comparative advantage have on the trade patterns and the long‐run spatial distribution of economic activity in a world with multicones of specialization. We briefly mention the possibility of long‐term fluctuations in the spatial distribution of industry by relying on a discrete‐time framework.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
