Asymmetric trading costs and ancient Greek cities
Asymmetric transport costs arise when shipping times from point i to point j differ from shipping from point j to i. We show that such asymmetric transport costs predict distinct patterns of location in a class of models using Dixit-Stiglitz preferences. We then study factors affecting the location...
Main Authors: | , , |
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Format: | Working paper |
Language: | English |
Published: |
University of Oxford
2022
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