| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14157 |
| DP14157 The Shrinking Advantage of Market Potential | |
| Marius Brülhart; Klaus Desmet; Gian-Paolo Klinke | |
| 发表日期 | 2019-11-29 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | How does a country’s economic geography evolve along the development path? This paper documents recent employment growth in 18,961 regions in eight of the world’s main economies. Overall, market potential is losing importance, and local density is gaining importance, as correlates of local growth. In mature economies, growth is strongest in low-market-potential areas. In emerging economies, the opposite is true, though the association with market potential is also weakening there. Structural transformation away from agriculture can account for some of the observed changes. The part left unexplained by structural transformation is consistent with a standard economic geography model that yields a bell-shaped relation between trade costs and the growth of centrally located regions. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Regional growth Market potential Structural transformation Economic development |
| URL | https://cepr.org/publications/dp14157 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543044 |
| 推荐引用方式 GB/T 7714 | Marius Brülhart,Klaus Desmet,Gian-Paolo Klinke. DP14157 The Shrinking Advantage of Market Potential. 2019. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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