Globalization and the Inequality of Nations.
The paper considers a model in which an imperfectly competitive manufacturing sector produces goods which are used both for final consumption and as intermediates. Intermediate usage creates cost and demand linkages between firms and a tendency for manufacturing agglomeration. How does globalization...
Main Authors: | Krugman, P, Venables, A |
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Format: | Working paper |
Language: | English |
Published: |
CEPR
1994
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