Journal article
Commercial Policy and International Factor Mobility in the Presence of Monopolistic Competition
Journal of Economics, Vol.74(3), pp.259-281
2001
Abstract
This paper utilizes a well-known specification of returns to specialization (a variation of the Spence-Dixit-Stiglitz model) to explore the implications of local agglomeration effects for commercial policy and restricted factor mobility. The paper initially considers a small open economy where it is shown that a tariff reduces the degree of specialization and hence the size of the external economies to the producers. An inflow of labor increases the degree of specialization while a capital inflow decreases it. The paper then considers a two-country world where both countries are large and deals with the pattern of trade and factor mobility.
Details
- Title
- Commercial Policy and International Factor Mobility in the Presence of Monopolistic Competition
- Authors
- Sajid Anwar (Author) - Northern Territory University
- Publication details
- Journal of Economics, Vol.74(3), pp.259-281
- Publisher
- Springer Wien
- Date published
- 2001
- DOI
- 10.1007/BF01231350
- ISSN
- 0931-8658
- Organisation Unit
- School of Business and Creative Industries; Indigenous and Transcultural Research Centre; University of the Sunshine Coast, Queensland; USC Business School - Legacy
- Language
- English
- Record Identifier
- 99448621402621
- Output Type
- Journal article
Metrics
525 Record Views
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