A Calibrated Trade Model of Agglomeration

B-Tier
Journal: Review of International Economics
Year: 2010
Volume: 18
Issue: 4
Pages: 714-729

Authors (2)

Paul Friesen (not in RePEc) Stephen Kosempel (University of Guelph)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper explores just how good the idea of international agglomeration of industry can be at explaining observed economic differences between countries. An international trade model with industrial agglomeration is outlined and calibrated to real data from the world's 10 largest countries by population, in order to assess how well it can explain the gap between rich and poor countries, observed trade volumes, price differences, and other types of data. The model is revealing in showing that, given the existing location of labor, an asymmetric exogenous distribution of firms is enough to generate income disparity and other stylized facts.

Technical Details

RePEc Handle
repec:bla:reviec:v:18:y:2010:i:4:p:714-729
Journal Field
International
Author Count
2
Added to Database
2026-01-25