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
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(Preview, Version of record, pdf, 826.6KB, Terms of use)
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Authors
- Publisher:
- Economic & Social Research Institute
- Journal:
- Economic and Social Review More from this journal
- Volume:
- 26
- Issue:
- 1
- Pages:
- 1-17
- Publication date:
- 1994-01-01
- ISSN:
-
0012-9984
- Language:
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English
- Keywords:
- UUID:
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uuid:f6519e61-8f8a-4fbd-bd78-2f6abb4b8213
- Local pid:
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oai:economics.ouls.ox.ac.uk:10471
- Deposit date:
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2011-08-16
- ARK identifier:
Terms of use
- Copyright holder:
- Economic and Social Review
- Copyright date:
- 1994
- Notes:
- This article has been made available under Creative Commons Attribution-NonCommercial-ShareAlike 1.0 Generic (CC BY-NC-SA 1.0) licence.
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