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
Englisch

Erschienen in
Series: cege Discussion Papers ; No. 42

Klassifikation
Wirtschaft
Size and Spatial Distributions of Regional Economic Activity
Empirical Studies of Trade
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
Thema
New trade theory
home market effect
hub effect
Neue Aussenhandelstheorie
Export
Marktanteil
Mehr-Länder-Modell
Theorie

Ereignis
Geistige Schöpfung
(wer)
Südekum, Jens
Ereignis
Veröffentlichung
(wer)
University of Göttingen, Center for European, Governance and Economic Development Research (cege)
(wo)
Göttingen
(wann)
2005

Handle
Letzte Aktualisierung
20.09.2024, 08:22 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Südekum, Jens
  • University of Göttingen, Center for European, Governance and Economic Development Research (cege)

Entstanden

  • 2005

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