Spatial Adaptation of the MSV Model, with Special Reference to World Development Report 2009 and Korean Examples

Jinhwan Oh

No EMS_2011_14, Working Papers from Research Institute, International University of Japan

Abstract: Based on the spatially adapted Murphy, Shleifer, and Vishny (MSV) model, this paper reviews major concepts of the World Development Report 2009 - density, distance and division. It is argued that the concepts of poverty trap, and partial and complete industrialization in the model capture the stages of incipient (density), intermediate (distance), and advanced (division) urbanization, described in the report. In addition, the report explains the concepts of Critical Minimum Effort and the Critical Minimum Retreat through spatially blind, connective, and targeted policies, which are all appropriate policies for each stage of urbanization. Relevant Korean examples are provided.

Keywords: Urbanization; Concentration; Congestion; Density; Distance; Division; Spatial Policies; Korea (search for similar items in EconPapers)
JEL-codes: O14 O18 R11 R12 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2011-07
New Economics Papers: this item is included in nep-geo and nep-ure
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Citations: View citations in EconPapers (1)

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