A Chamberlinian Agglomeration Model with External Economies of Scale

Kurata, Hiroshi; Nomura, Ryoichi; Suga, Nobuhito

Discussion Paper, Series A, 2011, 242, 1-25

Permalink : https://hdl.handle.net/2115/46972

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アクセス権	open access
URI	https://hdl.handle.net/2115/46972
タイトル	A Chamberlinian Agglomeration Model with External Economies of Scale
著者	Kurata, Hiroshi ; Nomura, Ryoichi ; Suga, Nobuhito
著者名 Kurata, Hiroshi 倉田, 洋
著者名 Nomura, Ryoichi 野村, 良一
e-Rad_Researcher 70431377 著者名 Suga, Nobuhito 須賀, 宣仁
言語	英語
キーワード	New economic geography
	Agglomeration
	Footloose capital
	External economies of scale
発行日	2011-08
出版者	Graduate School of Economics and Business Administration, Hokkaido University
収録物名	Discussion Paper, Series A
巻(号)	242
ページ	1-25
抄録	We investigate the effects of a reduction in trade costs on industrial location and welfare in an economy with external economies of scale. We propose a Chamberlinian agglomeration model with footloose capital, which is analytically-solvable. With respect to industrial location, we demonstrate that a reduction in trade cost is likely to lead to agglomeration. With respect to welfare, we show that agglomeration makes a country with agglomeration better off, and the country without agglomeration better or worse off, depending on the degree of external economies of scale. We also prove that agglomeration makes the overall economy better off.
資源タイプ	紀要論文
出版タイプ	Version of Record