Hansen Nobel 08 Krugman
Hansen Nobel 08 Krugman
Hansen Nobel 08 Krugman
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Are the new theories about tomorrowstrade and regional patterns<strong>Krugman</strong>:• Recent trends in patterns• Regional convergence – less core-periphery, lessregional specialization• More low-income high-income trade – betweencountries that are very differentEconomies of scale always important – alsowhen everybody assumed perfect competitionBut research intensive industry exhibits scaleeconomies in a double senseAnders Chr. <strong>Hansen</strong> 1317.12.20<strong>08</strong>