Economic Analysis of Industrial Agglomeration

verfasst von: Dr. Jian Wang

Verlag: Springer Singapore

Enthalten in: Springer Professional "Wirtschaft+Technik" , Springer Professional "Technik" , Springer Professional "Wirtschaft"

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Über dieses Buch

This book investigates the industrial agglomeration and dispersion within a country under trade liberalization and interregional integration by considering both economic forces and geographical elements. Chapter 1 gives a brief introduction about the background, research topics and organizations in this book. Chapter 2 provides a detailed explanation of Krugman’s new economic geography (NEG) model and reviews the subsequent refinements of the original model from mainly geographical viewpoints. Chapter 3 extends Krugman’s original model to a two-country and three-region case where the domestic regions are fully asymmetrical in terms of their sizes and accessibilities to global markets. To better explain the reality of developing countries, chapter 4 presents an analytical model which assumes that unskilled workers are employed in both traditional and manufacturing sectors. Chapter 5 empirically investigates the home market effect (HME) in terms of wages in the case of China by using panel data for the period 1980–2012. Chapter 6 gives a summary and implication about the findings and conclusions in this book.

Inhaltsverzeichnis

Frontmatter

Chapter 1. Introduction

Abstract

The agglomeration of economic activities is a universal phenomenon. There are diverse spatial disparities and concentrations at different geographical scales. It is well known that the northern hemisphere dominates the south in terms of the economic development at the global level. Specifically, in the year 2000, the North American Free Trade Area (NAFTA) produced 35% of the world gross domestic product (GDP), the EU (15 countries) 25%, and East Asia 23%; moreover, this agglomeration of GDP in these three regions has increased in recent years.

Jian Wang

Chapter 2. Review of New Economic Geography

Abstract

Economic activities are always relevant to the two dimensions of time and space. While time is often integrated into economic theoretical considerations, the study of where economic activities take place is almost always ignored by mainstream economists. In fact, in the real world, spatial distributions of population and employment are never smooth. In addition to the uneven endowment of natural resources, economic forces called the second nature also play a dominant role in shaping economic geography.

Jian Wang

Chapter 3. Industrial Agglomeration: A Simulation Model

Abstract

It has been two decades since the birth of New Economic Geography (hereafter, NEG). Over the past two decades, the work undertaken by NEG has inspired a much-needed examination of spatial aspects of the economy.

Jian Wang

Chapter 4. Industrial Dispersion: An Analytical Model

Abstract

The main conclusions of early NEG models (Krugman, 1991; Ottaviano et al. 2002; Forslid and Ottaviano 2003) tell us that high transport costs lead to the dispersion of industry in two symmetrical regions and that industrial agglomeration occurs when transport costs are low.

Jian Wang

Chapter 5. Empirical Investigation of Home Market Effect: New Evidence from China

Abstract

Spatial economics, also called new trade theory (NTT) and new economic geography (NEG), has made much progress in trade theory and economic geography over the past three decades.

Jian Wang

Chapter 6. Conclusions

Abstract

This book has investigated the industrial agglomeration and dispersion using NEG as the main framework. Since NEG has somewhat reached maturity in terms of conception and theory, especially in its two-region Dixit-Stiglitz-Iceberg form, at this moment, it is imperative for us to step back and inspect the models themselves.

Jian Wang

Backmatter

Titel: Economic Analysis of Industrial Agglomeration
verfasst von: Dr. Jian Wang
Verlag: Springer Singapore
Electronic ISBN: 978-981-10-7437-0
Print ISBN: 978-981-10-7436-3
DOI: https://doi.org/10.1007/978-981-10-7437-0