Journal article icon

Journal article

Economic integration and industrial agglomeration

Abstract:
This paper reviews recent research on industrial location, focusing on the way in which reducing barriers to trade may induce relocation of industry. Integration may cause industries to agglomerate in a few locations, this causing divergence of the structure of integrating economies, and possibly also divergence of income levels. Smaller locations will have lower real wages than large ones, although in the limit--as trade costs go to zero--factor price equalization occurs.
Publication status:
Published
Peer review status:
Peer reviewed
Version:
Publisher's version

Actions


Access Document


Files:

Authors


More by this author
Institution:
University of Oxford
Oxford college:
New College
Department:
Social Sciences Division - Economics
Publisher:
Economic & Social Research Institute Publisher's website
Journal:
Economic and Social Review Journal website
Volume:
26
Issue:
1
Pages:
1-17
Publication date:
1994
ISSN:
0012-9984
URN:
uuid:f6519e61-8f8a-4fbd-bd78-2f6abb4b8213
Local pid:
oai:economics.ouls.ox.ac.uk:10471

Terms of use


Metrics



If you are the owner of this record, you can report an update to it here: Report update to this record

TO TOP