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Footloose capital, market access, and the geography of regional state aid

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dc.creator Ottaviano, Gianmarco I. P.
dc.date 2001
dc.date.accessioned 2013-10-16T07:04:48Z
dc.date.available 2013-10-16T07:04:48Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19419
dc.identifier ppn:330202499
dc.identifier RePEc:zbw:hwwadp:26387
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19419
dc.description The global welfare implications of home market effects in trade models with imperfect competition are little understood. This paper proposes a simple model in which such implications can be easily analyzed. It shows an overall tendency of imperfectly competitive sectors to inefficiently cluster in locations that offer market access advantages. The more so the stronger the market power of firms as well as the intensity of increasing returns to scale and the lower the trade costs. As such features are likely to differ widely across sectors, those results provide theoretical ground to the promotion of regional policies that are also sectorspecific and not only region-specific as currently in the EU.
dc.language eng
dc.publisher
dc.relation HWWA Discussion Paper 132
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject F12
dc.subject R13
dc.subject L13
dc.subject ddc:330
dc.subject economic integration
dc.subject specialization
dc.subject home market effect
dc.subject regional disparities
dc.subject regional policy
dc.subject Wirtschaftsunion
dc.subject Neue Außenhandelstheorie
dc.subject Direktinvestition
dc.subject Standorttheorie
dc.subject Regionale Konzentration
dc.subject Neue ökonomische Geographie
dc.subject Industriestruktur
dc.subject Regionale Disparität
dc.subject EU-Regionalpolitik
dc.subject Landesgröße
dc.subject EU-Staaten
dc.subject home market effect
dc.title Footloose capital, market access, and the geography of regional state aid
dc.type doc-type:workingPaper


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