Location, innovation and trade: the role of localization and nation-based externalities

Article Abstract:

A model of monopolistic competition is used to analyze factors that make certain locales better at producing goods for trade outside their communities than others. The effects of localization externalities, which are synergistic in character, and nation-based externalities, such as favorable legal arrangements, come into play especially in industrialized environments where innovations abound.

Research, Models, International trade, Externalities (Economics), Monopolistic competition

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A simple, analytically solvable, Chamberlinian agglomeration model

Article Abstract:

The paper offers a simple, analytical solvable Chamberlinian agglomeration model that is quite different from the canonical C-P model. The model is useful in policy applications like labor economics and public accounts.

United States, Management dynamics, Analysis, Management, Company business management, Human capital, Economic geography

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