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| Author: | Puga, D. Venables, A. J. |
| Title: | Agglomeration and economic development: Import substitution vs. trade liberalisation |
| Journal: | Economic Journal
1999 : APR, VOL 109:455, p. 292-311 |
| Index terms: | TRADE POLICY FREE TRADE TRADE BARRIERS IMPORTS ECONOMETRIC MODELS |
| Language: | eng |
| Abstract: | This study analyses a model of economic development in which international differences in industrial structure and income are caused by agglomeration of industry in a subset of countries. Economic development may not be a gradual process of convergence by all countries, but instead involve countries moving sequentially from the group of poor countries to the group of rich countries. |
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