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|c 5.00 USD
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|z 9781451852721
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
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|a Trade and Industrial Location with Heterogeneous Labor.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2004.
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|a 1 online resource (26 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a We show in the context of a new economic geography model that when labor is heterogenous trade liberalization may lead to industrial agglomeration and interregional trade. Labor heterogeneity gives local monopoly power to firms but also introduces variations in the quality of the job match. Matches are likely to be better when there are more firms and workers in the local market, giving rise to an agglomeration force that can offset the forces against trade costs and the erosion of monopoly power. We derive analytically a robust agglomeration equilibrium and illustrate its properties with numerical simulations.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 2004/103
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2004/103/001.2004.issue-103-en.xml
|z IMF e-Library
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