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On the new economic geography of a multicone world

Author

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  • Pasquale Commendatore
  • Ingrid Kublin
  • Pascal Mossay

Abstract

We build a new economic geography model incorporating differences in productivity among sectors and countries, thus allowing for comparative advantage. We study the role that market size, absolute advantage, and comparative advantage have on the trade patterns and the long‐run spatial distribution of economic activity in a world with multicones of specialization. We briefly mention the possibility of long‐term fluctuations in the spatial distribution of industry by relying on a discrete‐time framework.
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Suggested Citation

  • Pasquale Commendatore & Ingrid Kublin & Pascal Mossay, 2018. "On the new economic geography of a multicone world," LIDAM Reprints CORE 2970, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvrp:2970
    Note: In : Review of International Economics, 26, 539-554, 2018
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    Cited by:

    1. Luis Ayala & Javier Martín‐Román & Juan Vicente, 2020. "The contribution of the spatial dimension to inequality: A counterfactual analysis for OECD countries," Papers in Regional Science, Wiley Blackwell, vol. 99(3), pages 447-477, June.

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