Economic Analysis of Industrial Agglomeration

Description

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. Front Matter ....Pages i-xiii Introduction (Jian Wang)....Pages 1-5 Review of New Economic Geography (Jian Wang)....Pages 7-24 Industrial Agglomeration: A Simulation Model (Jian Wang)....Pages 25-42 Industrial Dispersion: An Analytical Model (Jian Wang)....Pages 43-63 Empirical Investigation of Home Market Effect: New Evidence from China (Jian Wang)....Pages 65-83 Conclusions (Jian Wang)....Pages 85-91 Back Matter ....Pages 93-96