G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1672
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
URLhttps://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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