Regional policy in the global economy: Insights from new economic geography

Gianmarco Ottaviano

No 211, HWWA Discussion Papers from Hamburg Institute of International Economics (HWWA)

Abstract: So far the contribution of New Economic Geography (NEG) has been mainly positive. Normative analysis and policy implications have lagged behind. The reason is the fear of the consequences of taking too literally the neat structure of the models. Under this respect the somewhat incautious aim of this paper is precisely to take NEG models literally and ask what their exact policy implications are. This is viewed as a necessary though preliminary step towards bringing NEG insights to the policy domain.

Keywords: economic integration; increasing returns to scale; market power; pecuniary externalities; regional policy; spatial economics (search for similar items in EconPapers)
Date: 2002
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Citations: View citations in EconPapers (8)

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Related works:
Journal Article: Regional Policy in the Global Economy: Insights from New Economic Geography (2003)
Working Paper: Regional Policy in the Global Economy: Insights from New Economic Geography (2002)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:hwwadp:26318

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