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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP1672 |
DP1672 Nonlinear Aspects of Goods-Market Arbitrage and Adjustment: Heckscher's Commodity Points Revisited | |
Maurice Obstfeld; Alan M. Taylor | |
发表日期 | 1997-07-30 |
出版年 | 1997 |
语种 | 英语 |
摘要 | We examine the consequences of increased economic integration between nations within a region. We adopt Krugman?s economic-geography model in which demand linkages can generate agglomeration of manufacturing activity. Manufacturing labour is assumed to be imperfectly mobile between countries. This constrains the forces of agglomeration within the region and suggests that the model may be applicable to Europe. We show that trade liberalisation may lead initially to partial agglomeration, then a re-industrialisation of the periphery. This argues in favour of a sequential approach to integration, with trade barriers being eliminated prior to a reduction in impediments to factor mobility. |
主题 | International Trade and Regional Economics |
关键词 | Economic geography Economic integration Factor mobility International trade |
URL | https://cepr.org/publications/dp1672 |
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/530814 |
推荐引用方式 GB/T 7714 | Maurice Obstfeld,Alan M. Taylor. DP1672 Nonlinear Aspects of Goods-Market Arbitrage and Adjustment: Heckscher's Commodity Points Revisited. 1997. |
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