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The Agglomeration Dilemma: “Should I Stay or Should I Go?”
Author(s) -
Surico Paolo
Publication year - 2003
Publication title -
growth and change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.657
H-Index - 55
eISSN - 1468-2257
pISSN - 0017-4815
DOI - 10.1111/1468-2257.00218
Subject(s) - dilemma , economies of agglomeration , order (exchange) , economics , scale (ratio) , economic geography , returns to scale , regional science , industrial organization , microeconomics , sociology , geography , production (economics) , philosophy , cartography , epistemology , finance
This paper presents a critical survey of some recent developments in the theory of international trade. Particular emphasis is given to the role of increasing returns to scale and labor mobility in shaping the pattern of industrial location across integrating countries. The goal is to review and discuss the novel insights and predictions of the so‐called “new” theories in order to pose and stimulate avenues for future research.