G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4602
DP4602 Heterogeneous Firms, Agglomeration and Economic Geography: Selection and Sorting
Richard Baldwin; Toshihiro Okubo
发表日期2004-09-23
出版年2004
语种英语
摘要A Melitz-style model of monopolistic competition with heterogeneous firms is integrated into a simple NEG model to show that the standard assumption of identical firms is neither necessary nor innocuous. We show that re-locating to the big region is most attractive for the most productivity firms; this implies interesting results for empirical work and policy analysis. A ?selection effect? means standard empirical measures overestimate agglomeration economies. A ?sorting effect? means that a regional policy induces the highest productivity firms to move to the core while the lowest productivity firms to move to the periphery. We also show that heterogeneity dampens the home market effect.
主题International Trade and Regional Economics
关键词Heterogeneous firms Economic geography Estimation of agglomeration economies Home market effect
URLhttps://cepr.org/publications/dp4602
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/533523
推荐引用方式
GB/T 7714
Richard Baldwin,Toshihiro Okubo. DP4602 Heterogeneous Firms, Agglomeration and Economic Geography: Selection and Sorting. 2004.
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