Hansen Nobel 08 Krugman

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Hansen Nobel 08 Krugman

Hansen Nobel 08 Krugman

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Trade gains and scale economiesDiminishing returns + large home demand =>importsIncreasing returns + large home demand =>exports• Even if true in both countriesExistence of intra-industry trade predictablenot amount of particular goodsTrade gains from scale economies + largeintegrated marketsAnders Chr. <strong>Hansen</strong> 717.12.20<strong>08</strong>

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Economies of scale<strong>Krugman</strong> ande Obstfeld: International EconomicsAnders Chr. <strong>Hansen</strong> 617.12.20<strong>08</strong>

Trade gains and scale economiesDiminishing returns + large home demand =>importsIncreasing returns + large home demand =>exports• Even if true in both countriesExistence of intra-industry trade predictablenot amount of particular goodsTrade gains from scale economies + largeintegrated marketsAnders Chr. <strong>Hansen</strong> 717.12.20<strong>08</strong>

Page 1: Roskilde University2008 Nobel Prize
Page 4 and 5: Intra-industry trade (share of tota
Page 8 and 9: Why does manufacturing concentrate
Page 10 and 11: Myrdahl: Cumulative causationMyrdal
Page 12 and 13: Concentration in which region?Depen
Page 14 and 15: Why important?Replacing hopeless as