| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1872 |
| DP1872 Stability Without a Pact? Lessons from the European Gold Standard 1880-1914 | |
| Marc Flandreau; Frederic Zumer; Jacques Le Cacheux | |
| 发表日期 | 1998-04-30 |
| 出版年 | 1998 |
| 语种 | 英语 |
| 摘要 | The ?new? economic geography focuses on the footloose-labour and the vertically-linked industries models. Both are complex, since they feature demand-linked and cost-linked agglomeration forces. The paper presents a simpler model, where agglomeration stems from demand-linked forces arising from endogenous capital with forward-looking agents. The model?s simplicity permits many analytic results (rare in economic geography). Trade-cost levels that trigger catastrophic agglomeration are identified analytically, liberalization between almost equal-sized nations is shown to entail ?near-catastrophic? agglomeration, and Krugman?s informal stability test is shown to be equivalent to formal tests in a fully specified dynamic model. |
| 主题 | International Macroeconomics ; International Trade and Regional Economics |
| 关键词 | Economic geography Neoclassical growth Trade and growth |
| URL | https://cepr.org/publications/dp1872 |
| 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/531013 |
| 推荐引用方式 GB/T 7714 | Marc Flandreau,Frederic Zumer,Jacques Le Cacheux. DP1872 Stability Without a Pact? Lessons from the European Gold Standard 1880-1914. 1998. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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