Agglomeration and Trade Revisited
Date
01.01.1999
01.01.1999
Authors
Gianmarco Ottaviano, Jacques François Thisse
JEL Code
F12,L13,R13
F12,L13,R13
Keywords:
Agglomeration,Trade,Monopolistic competition
Agglomeration,Trade,Monopolistic competition
Publisher
Climate Change and Sustainable Development
Climate Change and Sustainable Development
Editor
Carlo Carraro
Carlo Carraro
JOURNAL
Philadelphia (USA)
Philadelphia (USA)
The purpose of this paper is twofold. First, we present a new model of agglomeration and trade that displays the main features of the recent economic geography literature while allowing for the derivation of analytical results by means of simple algebra. Second, we show how this framework can be used to in the context of a forward-looking approach to the dynamics of migration in the process of agglomeration instead of the simple Marshallian model used so far in the economic geography literature.