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来源类型Working Paper
规范类型报告
DOI10.3386/w26526
来源IDWorking Paper 26526
The Shrinking Advantage of Market Potential
Marius Brülhart; Klaus Desmet; Gian-Paolo Klinke
发表日期2019-12-09
出版年2019
语种英语
摘要How does a country's economic geography evolve along the development path? This paper documents recent employment growth in 18,961 regions in eight of the world's main economies. Overall, market potential is losing importance, and local density is gaining importance, as correlates of local growth. In mature economies, growth is strongest in low-market-potential areas. In emerging economies, the opposite is true, though the association with market potential is also weakening there. Structural transformation away from agriculture can account for some of the observed changes. The part left unexplained by structural transformation is consistent with a standard economic geography model that yields a bell-shaped relation between trade costs and the growth of centrally located regions.
主题Development and Growth ; Development ; Regional and Urban Economics ; Regional Economics
URLhttps://www.nber.org/papers/w26526
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/584200
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GB/T 7714
Marius Brülhart,Klaus Desmet,Gian-Paolo Klinke. The Shrinking Advantage of Market Potential. 2019.
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