| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP937 |
| DP937 An Imperfectly Competitive Open Economy with Sequential Bargaining in the Labour Market | |
| Huw David Dixon; Michele Santoni | |
| 发表日期 | 1994-04-30 |
| 出版年 | 1994 |
| 语种 | 英语 |
| 摘要 | This paper examines the impact of the EC regional aid policies to finance infrastructure investment in the poorest regions where large disparities in public infrastructure (transport, telecommunications, energy and education) exist. We show that in a model in which trade is based on increasing returns, increasing returns industries tend to locate in countries with better infrastructure. By decreasing the disparities in the levels of public infrastructure, the regional aid policies lead firms to relocate from rich to poor countries. In the context of this model, the regional aid policies can be interpreted as the price paid by the richest countries for the benefits of full trade integration. In the empirical section, we find that telecommunications and education infrastructures are well correlated with industry location and per capita GDP. However, transport infrastructure, on which EC regional aid programmes concentrate, is poorly correlated with either industry location or per-capita GDP. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Industrial location Public infrastructure Regional aid Regional integration |
| URL | https://cepr.org/publications/dp937 |
| 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/530078 |
| 推荐引用方式 GB/T 7714 | Huw David Dixon,Michele Santoni. DP937 An Imperfectly Competitive Open Economy with Sequential Bargaining in the Labour Market. 1994. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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