Arbeitspapier
Does the Home Market Effect Arise in a Three-Country Model?
It is uncertain whether the fundamental 'home market effect' (HME) generalizes from a two-country model to a more realistic setting with multiple countries. We present a three-country version of the seminal model by Krugman (1980) and analyse under which circumstances the HME is present once third country effects are taken into account. We show that both expenditure shifts and exogenous enlargements among foreign countries can rule out the HME.
- Sprache
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Englisch
- Erschienen in
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Series: cege Discussion Papers ; No. 42
Size and Spatial Distributions of Regional Economic Activity
Empirical Studies of Trade
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
home market effect
hub effect
Neue Aussenhandelstheorie
Export
Marktanteil
Mehr-Länder-Modell
Theorie
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:22 MESZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Südekum, Jens
- University of Göttingen, Center for European, Governance and Economic Development Research (cege)
Entstanden
- 2005