| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1289 |
| DP1289 Explaining Consumption: A Simple Test of Alternative Hypotheses | |
| Tamim Bayoumi | |
| 发表日期 | 1995-12-30 |
| 出版年 | 1995 |
| 语种 | 英语 |
| 摘要 | This paper presents a dynamic, two-region general equilibrium model in which inter-regional production and trade patterns are endogenously determined. Localized growth stems from geographical concentration of an industrial sector exhibiting permanent productivity increases. Geographical concentration is due to the interaction of the size of local markets and local competition in the differentiated input industry. Regional factor endowment with an immobile factor is decisive for long-run specialization, trade and growth patterns between regions if large endowment differences prevail. With equally-sized regions, multiple equilibria exist. Furthermore, the paper finds that integration might lead to increasing regional concentration of production and growth. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Economic geography Factor mobility Regional growth |
| URL | https://cepr.org/publications/dp1289 |
| 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/530439 |
| 推荐引用方式 GB/T 7714 | Tamim Bayoumi. DP1289 Explaining Consumption: A Simple Test of Alternative Hypotheses. 1995. |
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