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| Tekijä: | Venables, A. J. Limao, N. |
| Otsikko: | Geographical disadvantage: a Heckscher-Ohlin-von Thünen model of international specialisation |
| Lehti: | Journal of International Economics
2002 : DEC, VOL. 58:2, p. 239-263 |
| Asiasana: | Trade Transport economics Transport costs |
| Kieli: | eng |
| Tiivistelmä: | The authors analyse the trade and production patterns of countries located at varying distances from an economic centre. Exports and imports of financial and intermediate goods bear transport costs which increase with distance. The authors show how production and trade depend on factor endowments and factor intensities, and also on countries' locations and the transport intensities of different goods. Countries divide into zones with different trade patterns, some export oriented and others import subsituting. The implications of distance for factor prices and real incomes, the effects of changes in transport costs, and the locational choice of new activities are studied. |
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