Preferential trading arrangements and industrial location

• 成果类型: Article
• 署名作者: Puga, D; Venables, AJ
• 署名单位: University of London; London School Economics & Political Science; Centre for Economic Policy Research - UK
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/S0022-1996(96)01480-8
• 发表日期: 1997
• 页码: 347-368
• 关键词: integration; free trade area; hub-and-spoke; agglomeration

摘要

This paper considers the locational effects of geographically discriminatory trade policy. A preferential move towards a free trade area pulls industry into the integrating countries. Input-output links between imperfectly competitive firms amplify this effect and, when trade barriers fall below some critical level, may lead to agglomeration with some member countries gaining industry at the expense of others. A hub-and-spoke arrangement favours location in the hub, with better reciprocal access to spoke nations than these have to each other. Further liberalisation induces agglomeration in the hub and may trigger disparities between the spokes. (C) 1997 Elsevier Science B.V.