Geography, Trade Patterns, and Economic Policy

This paper presents a geographical theory of location and interregional trade. Location is treated as an endogenous variable by firms, consumers and perfectly mobile workers in a two-sector economy. Space plays a central role owing to transportation costs, market access, and distance from polluting...

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Bibliographic Details
Main Author: Asilis, Carlos
Other Authors: Rivera-Batiz, Luis
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1994
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Geography, Trade Patterns, and Economic Policy  |c Carlos Asilis, Luis Rivera-Batiz 
260 |a Washington, D.C.  |b International Monetary Fund  |c 1994 
300 |a 44 pages 
651 4 |a United Kingdom 
653 |a Manufacturing industries 
653 |a Agribusiness 
653 |a Labour 
653 |a Infrastructure 
653 |a Wages, Compensation, and Labor Costs: General 
653 |a Immigrant Workers 
653 |a Manufacturing 
653 |a Industry Studies: Transportation and Utilities: General 
653 |a General Equilibrium and Disequilibrium: General 
653 |a Economic sectors 
653 |a Agriculture: General 
653 |a Industry Studies: Manufacturing: General 
653 |a National accounts 
653 |a Geographic Labor Mobility 
653 |a Agricultural industries 
653 |a Labor 
653 |a Industries: Manufacturing 
653 |a Saving and investment 
653 |a Agricultural sector 
653 |a Labor Economics: General 
653 |a Macroeconomics 
653 |a Agricultural economics 
653 |a Wages 
653 |a Transportation 
653 |a Income economics 
653 |a Labor economics 
700 1 |a Rivera-Batiz, Luis 
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520 |a This paper presents a geographical theory of location and interregional trade. Location is treated as an endogenous variable by firms, consumers and perfectly mobile workers in a two-sector economy. Space plays a central role owing to transportation costs, market access, and distance from polluting industrial centers. The model is used to examine: (1) aspects of a compensating-differential theory of regional unevenness, (2) the theoretical formulation of a gravity theory of trade patterns, (3) the geographic basis for industrial and environmental policy, and (4) the interaction between reductions in transportation costs, location patterns, and technological improvements