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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/18796| Title: | Knowledge-capital meets new economic geography |
| Keywords: | F23 F12 R13 R12 ddc:330 knowledge-capital model new economic geography unskilled labor mobility skilled labor mobility Multinationales Unternehmen Wissen Neue ökonomische Geographie Internationale Arbeitsmobilität Ungelernte Arbeitskräfte Facharbeiter Kern-Peripherie-Beziehung Theorie |
| Issue Date: | 16-Oct-2013 |
| Publisher: | |
| Description: | We incorporate the now standard knowledge-capital model of multinational firms in a new economic geography setting. The theoretical predictions of our model suggest that unskilled labor mobility leads to less concentration of production than skilled labor mobility does. This is in line with empirical evidence that agglomeration of production among European nations is less pronounced than among US regions. Our model shows that the different patterns in labor mobility can explain actual differences in the spreading of industries. According to our welfare analysis, trade liberalization is likely Pareto-improving for a larger (smaller) country with mobile unskilled (skilled) labor. In the supplement, we investigate the sensitivity of our results in several respects. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/18796 |
| Other Identifiers: | http://hdl.handle.net/10419/18796 ppn:484933442 |
| Appears in Collections: | EconStor |
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