Commendatore, Pasquale, Kubin, Ingrid, Sushko, Iryna. 2021. Obtaining a hub position: A New Economic Geography analysis of industry location and trade network structures. Metroeconomica. 72 148-172.
BibTeX
Abstract
We present a linear New Economic Geography model with three regions, one remote region and two regions that entertain a trade agreement with low bilateral trade costs. Only one of these two integrated regions has the outside option to conclude an additional trade agreement with the remote region and to obtain a hub position. We show that the new trade agreement has a substantial impact on industry location and trade patterns and that the effects strongly depend upon level of integration between the initial two regions. It is not always the region with the outside option that profits from using it. Finally, we also show that higher firm mobility may lead to complex dynamics.
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Status of publication | Published |
---|---|
Affiliation | WU |
Type of publication | Journal article |
Journal | Metroeconomica |
Citation Index | SSCI |
WU-Journal-Rating new | VW-D |
Language | English |
Title | Obtaining a hub position: A New Economic Geography analysis of industry location and trade network structures |
Volume | 72 |
Year | 2021 |
Page from | 148 |
Page to | 172 |
Reviewed? | Y |
DOI | https://doi.org/10.1111/meca.12314 |
Open Access | N |
JEL | C62; F12; F13; F2 |
Associations
- People
- Kubin, Ingrid (Details)
- External
- Commendatore, Pasquale (University of Naples, Italy)
- Sushko, Iryna (Kyiv School of Economics, Ukraine)
- Organization
- Department of Economics (Kubin) (Details)
- Research areas (Ă–STAT Classification 'Statistik Austria')
- 5304 Labour market research (Details)
- 5335 Political economic theory (Details)
- 5343 Economic theory (Details)
- 5344 Foreign trade (Details)