chap14 - Introduction Zipf's Law and the gravity equation...

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Unformatted text preview: Introduction Zipf's Law and the gravity equation The structure of the model Multiple locations and equilibrium Chapter 14 tool: computer simulations Welfare Application: predicting the location of European cities Conclusions CHAPTER 14; GEOGRAPHICAL ECONOMICS International Trade & the World Economy; Charles van Marrewijk Explanations for trade Classical 2. Opportunity costs 3. Comparative advantage Neo-classical 4. Production structure 5. Factor prices 6. Production volume 7. Factor abundance 1. The world economy New trade 9. Imperfect competition 10. Intra-industry trade Policy 8. Trade policy 11. Strategic trade policy 12. Int. trade organizations 13. Economic integration 17. Applied trade policy modeling Economic geography New interactions 14. Geographical economics 15. Multinationals 16. New goods, growth, and development Industrial organization International business Growth theory Part I Part II Part III Part IV 18. Concluding remarks Introduction Zipf's Law and the gravity equation The structure of the model Multiple locations and equilibrium Chapter 14 tool: computer simulations Welfare Application: predicting the location of European cities Conclusions CHAPTER 14; GEOGRAPHICAL ECONOMICS International Trade & the World Economy; Charles van Marrewijk Introduction International Trade & the World Economy; Charles van Marrewijk Objectives / key terms Zipf's Law Gravity equation Cumulative causation Agglomeration Multiple equilibria Stability / optimality Simulations Location Paul Krugman (1953 - ) Introduction Zipf's Law and the gravity equation The structure of the model Multiple locations and equilibrium Chapter 14 tool: computer simulations Welfare Application: predicting the location of European cities Conclusions CHAPTER 14; GEOGRAPHICAL ECONOMICS International Trade & the World Economy; Charles van Marrewijk Zipf's Law and the gravity equation International Trade & the World Economy; Charles van Marrewijk 5 10 15 20 1 2 3 4 5 6 ln(rank) ln(size) Bombay Calcutta Delhi 992 ....
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chap14 - Introduction Zipf's Law and the gravity equation...

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