Neoclassical Growth, Manufacturing Agglomeration, and Terms of Trade
نویسندگان
چکیده
منابع مشابه
Neoclassical Growth, Manufacturing Agglomeration, and Terms of Trade
This paper presents an integrated view of economic growth, development traps, and economic geography. We explain why there is income convergence among some countries (neoclassical regime) and income divergence among others (poverty trap regime). Income convergence (divergence) and manufacturing industry di¤usion (agglomeration) are re-enforcing each other in a cumulative process. Moreover, trad...
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The purpose of this article is twofold. First, we present an alternative model of agglomeration and trade that displays the main features of the recent economic geography literature while allowing for the derivation of analytical results by means of simple algebra. Second, we show how this framework can be used to permit (i) a welfare analysis of the agglomeration process, (ii) a fullfledged fo...
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ژورنال
عنوان ژورنال: Review of International Economics
سال: 2007
ISSN: 0965-7576,1467-9396
DOI: 10.1111/j.1467-9396.2007.00706.x