Agglomeration in the global economy: a survey of the 'new economic geography.'

Article Abstract:

A study was conducted to examine changes in how firms and workers tend to support economic agglomeration during regional integration. A mix of monopolistic competition and trade costs were utilized to analyze the impact of economic integration on spatial agglomeration and on different sectors. Comparative advantage and market access concerns were also examined by conventional and trade theories. Results indicated that economic integration significantly influences the spatial location of economic activities and that the prices of goods increased during agglomeration.

Prices and rates, Consumer goods

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Economic geography, industry location and trade: the evidence

Article Abstract:

Research was conducted to analyze empirical studies on economic geography and trade, with emphasis on competing theories on the spatial dimension of economics. The study also reviewed economic location patterns and examined economic data against location and trade theories. Results indicated the existence of industry clustering as a significant phenomenon in economics, wherein industries localized across regions within nations. Findings also showed that the usefulness and applications of theoretical paradigms and economic models correlated with economic sectors.

Analysis, Economic geography, Commerce

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Trade and financial reform in China: impacts on the world economy

Article Abstract:

Research is presented describing the integration of Chinese economic reform into world economics and the consequences on international trade.

China, International trade, Economic research

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