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Gravity for Dummies and Dummies for Gravity Equations
This paper provides a minimalist derivation of the gravity equation and uses it to identify three common errors in the literature, what we call the gold, silver and bronze medal errors. The paperExpand
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The Euro's Trade Effects
This paper reviews reassesses the methodology and principal findings of the “Rose effect”, i.e. the trade effects of currency union, looking at both EMU and non-EMU currency unions. The consensusExpand
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A Domino Theory of Regionalism
Regional liberalization sweeps the globe like wildfire while multilateral trade talks proceed at a glacial pace. Why are countries eager to liberalize regionally but reluctant to do soExpand
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The Costs and Benefits of Eastern Enlargement: The Impact on the EU and Central Europe
type="main" xml:lang="en"> Eastern enlargement of the EU is a central pillar in Europe's post-Cold War architecture. Keeping the eastern countries out seriously endangers their economic transition,Expand
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Managing the Noodle Bowl: The Fragility of East Asian Regionalism
The paper argues that East Asian regionalism is fragile since (i) each nation's industrial competitiveness depends on the smooth functioning of 'Factory Asia' - in particular on intra-regional trade;Expand
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Agglomeration and Regional Growth
We review the theoretical links between growth and agglomeration. Growth, in the form of innovation, can be at the origin of catastrophic spatial agglomeration in a cumulative process a la Myrdal.Expand
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Agglomeration and Endogenous Capital
The new' economic geography focuses on the footloose-labor and the vertically-linked-industries models. Both are complex since they feature demand-linked and cost-linked agglomeration forces. IExpand
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Heterogeneous Firms, Agglomeration and Economic Geography: Spatial Selection and Sorting
A Melitz-style model of monopolistic competition with heterogeneous firms is integrated into a simple New Economic Geography model to show that the standard assumption of identical firms is neitherExpand
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Heterogeneous Firms and Trade: Testable and Untestable Properties of the Melitz Model
This paper sets out a basic heterogeneous-firms trade model that is closely akin to Melitz (2003). The positive and normative properties of the model are studied in a manner intended to highlight theExpand
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Spiders and Snakes: Offshoring and Agglomeration in the Global Economy
Global production sharing is determined by international cost differences and frictions related to the costs of unbundling stages spatially. The interaction between these forces depends onExpand
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