Trade costs, regional inequality, and the Home-Market Effect
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DOI: 10.1080/17421772.2018.1500026
Abstract: ABSTRACT This paper develops an economic geography framework with positive trade costs in both manufacturing and traditional sectors, mobile skilled workers, and unequal shares of unskilled labour in regions. It shows that partial agglomeration always… read more here.
Keywords: trade; market effect; home market; trade costs ... See more keywords