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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP3441 |
DP3441 Insurance and Information: Firms as a Commitment Device | |
Coen N. Teulings; Lans Bovenberg | |
发表日期 | 2002-07-20 |
出版年 | 2002 |
语种 | 英语 |
摘要 | Krugman?s (1980) model of trade predicts that the country with the relatively large number of consumers is the net exporter and hosts a disproportionate share of firms in the increasing returns sector. He terms these results 'home market effects'. This Paper analyzes three additional models featuring increasing returns, firm mobility, and trade costs to assess the robustness of home market effects to alternative modeling assumptions. We find strikingly similar results for two of the models that relax assumptions about the nature of demand, competition, and trade costs. A model that links varieties to nations rather than firms can, however, generate opposite results. |
主题 | International Trade and Regional Economics |
关键词 | Spatial competition Home market effect Increasing returns |
URL | https://cepr.org/publications/dp3441 |
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/532460 |
推荐引用方式 GB/T 7714 | Coen N. Teulings,Lans Bovenberg. DP3441 Insurance and Information: Firms as a Commitment Device. 2002. |
条目包含的文件 | 条目无相关文件。 |
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