Artikel

Market sccess and home market effect

Based on the standard Footloose Capital model developed by Martin and Rogers (1995), I consider an integrated model that consists of a system of two regions and a third external region, in order to study the impact of improved market access on the Home Market Effect within the system of the two regions. The concept of the Home Market Effect is well known in the literature, but once we extend the number of regions, many are unknown. The main finding of the model suggests that improved market access with respect to an external market enhances the Home Market Effect within the system of the two regions. Interestingly, I show that this finding comes from the fact that improved market access increases the Market Access Effect, while it has no impact on the Market Crowding Effect.

Sprache
Englisch

Erschienen in
Journal: Open Economics ; ISSN: 2451-3458 ; Volume: 3 ; Year: 2020 ; Issue: 1 ; Pages: 42-49 ; Warsaw: De Gruyter

Klassifikation
Wirtschaft
International Economic Order and Integration
International Migration
Size and Spatial Distributions of Regional Economic Activity
Thema
Market Access
Home Market Effect
Footloose Capital
Internal Geography

Ereignis
Geistige Schöpfung
(wer)
Karavidas, Dionysios
Ereignis
Veröffentlichung
(wer)
De Gruyter
(wo)
Warsaw
(wann)
2020

DOI
doi:10.1515/openec-2020-0003
Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Karavidas, Dionysios
  • De Gruyter

Entstanden

  • 2020

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