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Economic integration and industry reallocations: some theory with numbers

Behrens, Kristian, Mion, Giordano and Ottaviano, Gianmarco I. P. (2011) Economic integration and industry reallocations: some theory with numbers. In: Jovanovic, Miroslav N., (ed.) International Handbook on the Economics of Integration: Competition, Spatial Location of Economic Activity and Financial Issues. Elgar original reference,2. Edward Elgar, Cheltenham, UK, pp. 169-206. ISBN 9781849804264

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We distill the main insights from recent trade models on firms’ responses to globalisation. Our primary aim is to assess the economic impact and the welfare implications of the resulting reallocation of resources across firms and countries. In so doing, we bring theory into life through the numerical implementation of a theoretical framework calibrated on European data, which encompasses aspects of economic geography, firm heterogeneity, and firms’ organizational choices. Our final purpose is to provide a comprehensive background for empirical investigations and to stimulate further theoretical research.

Item Type: Book Section
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Additional Information: © 2011 The Editor
Library of Congress subject classification: H Social Sciences > HC Economic History and Conditions
Journal of Economic Literature Classification System: F - International Economics > F1 - Trade > F12 - Models of Trade with Imperfect Competition and Scale Economies
Sets: Departments > Geography and Environment
Date Deposited: 20 Mar 2012 13:46

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