| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1308 |
| DP1308 Investment Creation and Investment Diversion: Simulation Analysis of the Single Market Programme | |
| Richard Baldwin; Jan I. Haaland; Rikard Forslid | |
| 发表日期 | 1995-12-30 |
| 出版年 | 1995 |
| 语种 | 英语 |
| 摘要 | This paper explores the formation of cities through labour specialization, gains to trade, a fixed cost for the transportation network, imperfect competition between firms, and the commuting costs of consumers. The model uses a very general setting, allowing a multidimensional location space and multiple firms using different types of labour to produce different outputs. Locations of all agents are endogenous as are prices and quantities. Firms play a Nash location game among themselves, anticipating the locations of consumers, but taking prices as given. Within this framework, we characterize the spatial configuration of firms in equilibrium. Whether or not equilibrium exists and whether or not it is locally unique depends crucially on the relative numbers of outputs, types of labour and firms. Finally, both welfare theorems fail in this model. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Endogenous city formation General equilibrium Labour specialization Transportation network |
| URL | https://cepr.org/publications/dp1308 |
| 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/530442 |
| 推荐引用方式 GB/T 7714 | Richard Baldwin,Jan I. Haaland,Rikard Forslid. DP1308 Investment Creation and Investment Diversion: Simulation Analysis of the Single Market Programme. 1995. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
