G2TT
来源类型Discussion paper
规范类型论文
来源IDDP363
DP363 Integration and the Competitiveness of Peripheral Industry
Anthony Venables; Paul Krugman
发表日期1990
出版年1990
语种英语
摘要This paper analyses economic integration between two economies; one central, with a large local market, and the other peripheral, with a small local market. Each economy has an imperfectly competitive manufacturing sector. Trade liberalization creates a strong incentive for the imperfectly competitive industry to concentrate in the central region, near the large market. This may cause the direction of net trade to be the opposite of that predicted by factor endowments. This effect may be offset by a lower wage in the periphery than in the centre; we find that in the early stages of integration relative wages in the centre and periphery diverge, with convergence occurring only in the later stages.
主题International Trade and Regional Economics
关键词Factor markets Industrial location Peripheral industry Trade liberalization
URLhttps://cepr.org/publications/dp363
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/529519
推荐引用方式
GB/T 7714
Anthony Venables,Paul Krugman. DP363 Integration and the Competitiveness of Peripheral Industry. 1990.
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