The Home Market Effect, Regional Inequality, and Intra-Industry Reallocations

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Show simple item record Felbermayr, Gabriel de_DE Jung, Benjamin de_DE 2012-04-05 de_DE 2014-03-18T10:03:56Z 2012-04-05 de_DE 2014-03-18T10:03:56Z 2012 de_DE
dc.identifier.other 363269894 de_DE
dc.identifier.uri de_DE
dc.description.abstract In New Trade Theory models, the larger region hosts an overproportionate share of producers. This Home Market Effect (HME) exacerbates regional income discrepancies caused by trade frictions or technology differences. With homogeneous firms, it requires inter-industry reallocations to emerge. We present a heterogeneous firms single-sector model with fixed market access costs, in which the HME arises exclusively from empirically more relevant intra-industry reallocations. It is magnified by lower trade costs or higher heterogeneity. In contrast to multi-industry models, a more pronounced HME leads to regional income convergence as adjustment of the firm size distribution counteracts the effects of firmentry. en
dc.language.iso en de_DE
dc.publisher Universität Tübingen de_DE
dc.rights ubt-podno de_DE
dc.rights.uri de_DE
dc.rights.uri en
dc.subject.classification Monopolistische Konkurrenz de_DE
dc.subject.ddc 330 de_DE
dc.subject.other Home Market Effect , Regional Inequality , Monopolistic Competition , Heterogeneous Firms , Economic Geography en
dc.title The Home Market Effect, Regional Inequality, and Intra-Industry Reallocations en
dc.type WorkingPaper de_DE
utue.publikation.fachbereich Wirtschaftswissenschaften de_DE
utue.publikation.fakultaet 6 Wirtschafts- und Sozialwissenschaftliche Fakultät de_DE
dcterms.DCMIType Text de_DE
utue.publikation.typ workingPaper de_DE 6134 de_DE
utue.publikation.source University of Tübingen Working Papers in Economics and Finance ; 33 de_DE


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