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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP7148 |
DP7148 Private Equity vs. PLC Boards: A Comparison of Practices and Effectiveness - Summary of Research Findings | |
Viral Acharya; Conor Kehoe; Michael Reyner | |
发表日期 | 2009-01-28 |
出版年 | 2009 |
语种 | 英语 |
摘要 | This paper reviews the new economic geography literature, which accounts for the uneven distribution of economic activity across space in terms of a combination of love of variety preferences, increasing returns to scale and transport costs. After outlining the canonical core and periphery model, the paper examines the empirical evidence on three of its central predictions: the role of market access in determining factor prices, the related home market effect in which demand has a more than proportionate effect on production, and the potential existence of multiple equilibria. In reviewing the evidence, we highlight issues of measurement and identification, alternative potential explanations, and remaining areas for further research. |
主题 | International Trade and Regional Economics |
关键词 | Home market effect Market access Multiple equilibria New economic geography |
URL | https://cepr.org/publications/dp7148 |
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/535984 |
推荐引用方式 GB/T 7714 | Viral Acharya,Conor Kehoe,Michael Reyner. DP7148 Private Equity vs. PLC Boards: A Comparison of Practices and Effectiveness - Summary of Research Findings. 2009. |
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