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EnglishGianmarco I.P. Ottaviano INTRODUCTION 8.1 Market access plays a key role in many recent models of international trade. Such models study the impact of frictions in goods and factors mobility on the location of imperfectly competitive industries in the presence of increasing returns to scale (Helpman and Krugman, 1985). Their central result is the so-called home market or market size effect (henceforth, HME), according to which, in the case of a two-country economy, the location with larger local demand succeeds in attracting a more than proportionate share of firms in the aforementioned industries.
| Titolo: | Footloose capital, market access and the geography of regional state aid |
| Autore/i: | OTTAVIANO, GIANMARCO IREO PAOLO |
| Autore/i Unibo: | |
| Anno: | 2004 |
| Titolo del libro: | Multinational Firms’ Location and the New Economic Geography |
| Pagina iniziale: | 156 |
| Pagina finale: | 177 |
| Digital Object Identifier (DOI): | http://dx.doi.org/10.4337/9781845420628.00017 |
| Abstract: | Gianmarco I.P. Ottaviano INTRODUCTION 8.1 Market access plays a key role in many recent models of international trade. Such models study the impact of frictions in goods and factors mobility on the location of imperfectly competitive industries in the presence of increasing returns to scale (Helpman and Krugman, 1985). Their central result is the so-called home market or market size effect (henceforth, HME), according to which, in the case of a two-country economy, the location with larger local demand succeeds in attracting a more than proportionate share of firms in the aforementioned industries. |
| Data prodotto definitivo in UGOV: | 28-set-2005 |
| Data stato definitivo: | 27-ago-2019 |
| Appare nelle tipologie: | 2.01 Capitolo / saggio in libro |
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