Market Size and Industrial Structure

The Home Market, Trade, and Industrial Structure

Does national market size matter for industrial structure? This has been suggested by theoretical work on "home market" effects. In the present paper, I show that what previously was regarded as an assumption of conveniencetransport costs only for the differentiated goods-matters a great deal. In afocal case in which differentiated and homogeneous goods have identical transport costs, the home ...

Banking market structure, liquidity needs, and industrial growth volatility

Article history: Received 11 September 2012 Received in revised form 16 October 2013 Accepted 9 January 2014 Available online 17 January 2014 While the existing literature acknowledges the effect of banking structure on industrial growth as well as the effect of financial development on industrial growth and its volatility, we examine whether banking structure, given financial development, exer...

Industrial Structure , Trade and Regional Economics : Market Seg - mentation

We consider a general equilibrium model a la Bhaskar (Review of Economic Studies 2002): there are complementarities across sectors, each of which comprise (many) heterogenous monopolistically competitive …rms. Bhaskar’s model is extended in two directions: production requires capital, and labour markets are segmented. Labour market segmentation models the di¢ culties of labour migrating across ...

Market Structure and Price Adjustment in the Iranian Tea Market

Market size, scale economies, and tourism market structure: A case ofᅡᅠhistoric water town tourism in China

The historic water towns in the Tai Lake Basin are representative of tourism products featuring a unique cultural heritage landscape and the local way of life in eastern China. Since the 1980s, this market has experienced phenomenal growth in both the quantity of water towns and the scale of tourist arrivals. Drawing from industrial economics theory and an agent-based modeling approach, we exam...