Template-Type: ReDIF-Paper 1.0
Series: Tinbergen Institute Discussion Papers
Creation-Date: 1998-01-16
Number: 98-006/2
Author-Name: Joseph F. Francois
Author-Email: francois@few.eur.nl
Author-Workplace-Name: Erasmus University and CEPR
Author-Name: Douglas Nelson
Author-Workplace-Name: Tulane University and CREDIT
Title: A Geometry of Specialization
Abstract: Division of labor models have become a standard analytical tool, along withcompetitive general equilibrium models (Ricardian, HOS, Ricardo-Viner), in public finance, trade, growth, development, and macroeconomics. Yet unlike the earlier models, specialization models lack a canonical representation. This is because they are both new and complex, characterized by multiple equilibria, instability, and emergent structural properties under parameter transformation.  We develop a general framework for such models, illustrating results from current research on specialization models, and explaining why one sub-class of these models is particularly difficult to illustrate easily.
Classification-JEL: F12; O12; O41
Keywords: specialization; trade and development; location of industry; agglomeration
File-Url: https://papers.tinbergen.nl/98006.pdf
File-Format: application/pdf
File-Size: 380607 bytes
Handle: RePEc:tin:wpaper:19980006