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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP6782 |
DP6782 Housing, Credit and Consumer Expenditure | |
John Muellbauer | |
发表日期 | 2008-04-23 |
出版年 | 2008 |
语种 | 英语 |
摘要 | This paper provides evidence on the long-term impact of market potential on economic development. It derives from the New Economic Geography literature a structural estimation where the level of factors' income of a country is related to its export capacity, labelled Market Access (MA) by Redding and Venables (2004), or Real Market Potential (RMP) by Head and Mayer (2004). The empirical part evaluates this market potential for all countries in the world with available trade data over the 1960-2003 period and relates it to income per capita. Overall results show that market potential is a powerful driver of increases in income per capita. |
主题 | International Trade and Regional Economics |
关键词 | Development Gravity International trade Market potential |
URL | https://cepr.org/publications/dp6782 |
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/535630 |
推荐引用方式 GB/T 7714 | John Muellbauer. DP6782 Housing, Credit and Consumer Expenditure. 2008. |
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