G2TT
来源类型Discussion paper
规范类型论文
来源IDDP3441
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
URLhttps://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.
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