Agglomeration and Economic Development: Import Substitution Vs. Trade Liberalization.

This paper analyses a model of economic development in which international inequalities in the location of industry and income are supported by the agglomeration of industry in a subset of countries. Economic development may not be a gradual process of convergence by all countries, but instead invol...

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Bibliographic Details
Main Authors: Puga, D, Venables, A
Format: Working paper
Language:English
Published: CEPR 1998