Does home market size matter for the pattem of trade?

被引:17
|
作者
Holmes, TJ
Stevens, JJ
机构
[1] Univ Minnesota, Dept Econ, Minneapolis, MN 55455 USA
[2] Fed Reserve Bank Minneapolis, Minneapolis, MN 55480 USA
[3] Fed Reserve Syst, Board Governors, Washington, DC 20551 USA
基金
美国国家科学基金会;
关键词
home market; increasing returns;
D O I
10.1016/j.jinteco.2003.11.004
中图分类号
F [经济];
学科分类号
02 ;
摘要
Does home market size matter for the pattern of trade? Krugman started the literature, showing it does matter. Davis overturned his result, arguing that an assumption of convenience-transport costs only for the differentiated goods-conveniently obtained the result. Here we relax another persistent assumption of convenience-two industry types differentiated only by the degree of scale economies-and find that market size reemerges as a relevant force in determining industrial structure. (c) 2004 Elsevier B.V. All rights reserved.
引用
收藏
页码:489 / 505
页数:17
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