Spatial Adaptation of the MSV Model, with Special Reference to World Development Report 2009 and Korean Examples
AbstractBased on the spatially adapted Murphy, Shleifer, and Vishny (MSV) model, this paper reviews major concepts of the World Development Report 2009 - density, distance and division. It is argued that the concepts of poverty trap, and partial and complete industrialization in the model capture the stages of incipient (density), intermediate (distance), and advanced (division) urbanization, described in the report. In addition, the report explains the concepts of Critical Minimum Effort and the Critical Minimum Retreat through spatially blind, connective, and targeted policies, which are all appropriate policies for each stage of urbanization. Relevant Korean examples are provided.
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Bibliographic InfoPaper provided by Research Institute, International University of Japan in its series Working Papers with number EMS_2011_14.
Length: 18 pages
Date of creation: Jul 2011
Date of revision:
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Web page: http://www.iuj.ac.jp/research/
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Urbanization; Concentration; Congestion; Density; Distance; Division; Spatial Policies; Korea;
Find related papers by JEL classification:
- O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
- O18 - Economic Development, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-10-15 (All new papers)
- NEP-GEO-2011-10-15 (Economic Geography)
- NEP-URE-2011-10-15 (Urban & Real Estate Economics)
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