Integration, geography and the burden of history

Ottaviano, Gianmarco I. P. (1997) Integration, geography and the burden of history. DOI 10.6092/unibo/amsacta/789.
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Abstract

This paper develops a simple two-region two-sector general equilibrium model of trade and migration where one monopolistically competitive sector generates local pecuniary externalities. The aim is to gain insight on the question whether economic integration can be expected to increase the differences in industrial structure between more and less developed regions. It is shown that a reduction in trade and/or migration costs weakens the lock-in effect of historical events while strengthening the role of expectations.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Ottaviano, Gianmarco I. P.
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DOI
Deposit date
17 Jun 2004
Last modified
17 Feb 2016 14:04
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