| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP903 |
| DP903 Labour Market Structure, Conservative Bankers and the Feasibility of Monetary Union | |
| Paul Levine; Joseph Pearlman | |
| 发表日期 | 1994-02-28 |
| 出版年 | 1994 |
| 语种 | 英语 |
| 摘要 | This paper examines the impact of public infrastructure on industrial location when increasing returns are present. Poor infrastructure implies costs of Samuelson's `iceberg' form and alter trade both within and between countries. Trade integration implies that firms tend to locate in countries with better infrastructure so that regional policies that affect the level of public infrastructure influence economic geography. The effectiveness of such policies decreases when infrastructure improves, however, because a high level of infrastructure and strong economies of scale magnify the concentration effects of differentials in infrastructure, market size and capital-labour ratios. Infrastructure policies that facilitate intra-regional trade in the poor country lead to regional convergence but policies that facilitate intra-regional trade lead to regional divergence. We also analyse the incentives for countries to inhibit industrial relocation. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Industrial location Public infrastructure Regional policies Trade integration |
| URL | https://cepr.org/publications/dp903 |
| 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/530047 |
| 推荐引用方式 GB/T 7714 | Paul Levine,Joseph Pearlman. DP903 Labour Market Structure, Conservative Bankers and the Feasibility of Monetary Union. 1994. |
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