Agglomeration and Trade Revisited

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...

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Veröffentlicht in:	International economic review (Philadelphia) 2002-05, Vol.43 (2), p.409-435
Hauptverfasser:	Ottaviano, Gianmarco, Tabuchi, Takatoshi, Thisse, Jacques-François
Format:	Artikel
Sprache:	eng
Schlagworte:	Agglomeration Economic concentration Economic costs Economic expectations Economic geography Economic models Economic theory Equilibrium prices Increasing returns Land use Space economics Studies Trade Trade regionalization Urban economics
Online-Zugang:	Volltext
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Beschreibung
Zusammenfassung:	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 full-fledged forward-looking analysis of the role of history and expectations in the emergence of economic clusters, and (iii) a simple analysis of the impact of urban costs on the spatial distribution of economic activities.
ISSN:	0020-6598 1468-2354
DOI:	10.1111/1468-2354.t01-1-00021