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Spatial Adaptation of the MSV Model, with Special Reference to World Development Report 2009 and Korean Examples

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Abstract

Based 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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File URL: http://www.iuj.ac.jp/workingpapers/index.cfm?File=EMS_2011_14.pdf
File Function: First version, 2011
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Bibliographic Info

Paper provided by Research Institute, International University of Japan in its series Working Papers with number EMS_2011_14.

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Length: 18 pages
Date of creation: Jul 2011
Date of revision:
Handle: RePEc:iuj:wpaper:ems_2011_14

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Keywords: Urbanization; Concentration; Congestion; Density; Distance; Division; Spatial Policies; Korea;

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