The role of country size in spatial economics: A survey of the home market effects

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Abstract

This paper surveys the growing literature on the home market effects (HMEs) in spatial economics. The HMEs are utilized to disclose the role of country size in the configuration of economic activity. Various HMEs display distinctive features of size advantage and they are originally obtained from different models. Recent studies find that these features are closely related to each other. The following questions are answered.

Original languageEnglish
Pages (from-to)379-403
Number of pages25
JournalZbornik Radova Ekonomskog Fakultet au Rijeci
Volume32
Issue number2
Publication statusPublished - 2014

Keywords

  • Agglomeration
  • Home market effects
  • New trade theory
  • Trade integration
  • Trade pattern

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