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Regional dimensions of economic development in Iran: A new economic geography approach

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Author Info
Farmanesh, Amir

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Abstract

This paper presents a spatial analysis of the regional dimensions of poverty and economic development across provinces of Iran. It offers one of the few estimations made in developing countries using this strand of New Economic Geography (NEG) models and provides a comparison of the results for Iran with those in previously studied developed countries. The goal of this study is to offer an analysis of the effects of agglomeration and dispersion economies on the patterns of regional economic development in Iran based on the empirical estimation of two of the NEG models. First, it presents an estimation of a Market Potential Function (MPF), in which wages are associated with proximity to consumer markets. Second, it estimates an augmented MPF derived from the Krugman model of economic geography that estimates the importance of transportation costs and economies of scale. The estimation results suggest that Iran shows a generally good fit to both models, satisfying their specifications. Compared to similar studies of developed countries, Iran shows smaller returns to scale. This might be a result of the nature of the technologies used in the non-farm private sector in Iran, which is less industrial and more traditional. Dispersion and decentralization of industries to achieve lower income inequality between provinces would create a level of loss, but less losses than they would be in Western countries. The paper also found a significantly and consistently greater effect of market potential on wages in comparison to the effect estimated in similar analyses of other countries. This might be a result of the country relying on an underdeveloped transportation system between provinces in Iran. It is also a highly mountainous and geographically diverse country. The overall result of this study corroborates the notion of centralization in the Iranian economy. The large wage variations explained by economic geography could cause significant internal migration, beyond that seen in western countries. Indeed, significant internal migration has been observed in Iran in past years.

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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 13580.

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Date of creation: 02 Jan 2009
Date of revision: 20 Aug 2009
Handle: RePEc:pra:mprapa:13580

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Related research
Keywords: New Economic Geography; Spatial agglomeration; Market potential; Market structure; Increasing returns to scale; Transport costs; Iranian economy; Economic development in Iran; Income distribution in the provinces of Iran; Empirical evaluation;

Find related papers by JEL classification:
O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies
O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
R12 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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  1. Steven Brakman & Harry Garretsen & Marc Schramm, 2004. "The Spatial Distribution of Wages: Estimating the Helpman-Hanson Model for Germany," Journal of Regional Science, Blackwell Publishing, vol. 44(3), pages 437-466. [Downloadable!] (restricted)
  2. J. Peter Neary, 2001. "Of Hype and Hyperbolas: Introducing the New Economic Geography," Journal of Economic Literature, American Economic Association, vol. 39(2), pages 536-561, June. [Downloadable!] (restricted)
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  3. Puga, Diego, 1999. "The rise and fall of regional inequalities," European Economic Review, Elsevier, vol. 43(2), pages 303-334, February. [Downloadable!] (restricted)
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  4. Eaton, Jonathan & Kortum, Samuel, 1999. "International Technology Diffusion: Theory and Measurement," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 40(3), pages 537-70, August.
  5. Mion, Giordano, 2004. "Spatial externalities and empirical analysis: the case of Italy," Journal of Urban Economics, Elsevier, vol. 56(1), pages 97-118, July. [Downloadable!] (restricted)
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  6. Redding, Stephen & Venables, Anthony J., 2004. "Economic geography and international inequality," Journal of International Economics, Elsevier, vol. 62(1), pages 53-82, January. [Downloadable!] (restricted)
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  7. Head, Keith & Mayer, Thierry, 2004. "The empirics of agglomeration and trade," Handbook of Regional and Urban Economics, in: J. V. Henderson & J. F. Thisse (ed.), Handbook of Regional and Urban Economics, edition 1, volume 4, chapter 59, pages 2609-2669 Elsevier. [Downloadable!] (restricted)
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  8. Krugman, Paul, 1993. "On the number and location of cities," European Economic Review, Elsevier, vol. 37(2-3), pages 293-298, April. [Downloadable!] (restricted)
  9. Krugman, Paul, 1991. "Increasing Returns and Economic Geography," Journal of Political Economy, University of Chicago Press, vol. 99(3), pages 483-99, June. [Downloadable!] (restricted)
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  10. Armando Pires, 2006. "Estimating Krugman’s Economic Geography Model for the Spanish Regions," Spanish Economic Review, Springer, vol. 8(2), pages 83-112, June. [Downloadable!] (restricted)
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