Market size in globalization

Kato, Hayato; Okubo, Toshihiro

doi:https://doi.org/10.1016/j.jinteco.2017.12.003

Market size in globalization

Kato, Hayato; Okubo, Toshihiro

Journal of International Economics, 2018, 111, 34-60

アクセス数:403件（2025-09-01 14:53 集計）

固定URL: https://hdl.handle.net/11094/81782

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タイトル	Market size in globalization
著者	NRID 1000030837703 1000030837703 ORCID 0000-0002-2063-8453 0000-0002-2063-8453 researchmap permalink 30837703 30837703 Scopus Author ID 57200115385 57200115385 著者名 Kato, Hayato
著者	NRID 1000080510255 1000080510255 著者名 Okubo, Toshihiro
キーワード等	Agglomeration
	Market size
	Middle-sized country
	Non-constant wages
	Industry/welfare maintaining policy
内容	Hayato Kato, Toshihiro Okubo, Market size in globalization, Journal of International Economics, Volume 111, 2018, Pages 34-60, ISSN 0022-1996, https://doi.org/10.1016/j.jinteco.2017.12.003.
抄録	A salient feature of the current globalization is a loss of manufacturing in developed countries and rapid industrialization in middle-sized developing countries. This paper aims to construct a simple three-country trade and geography model with different market sizes and non-constant wage rates. The large country fosters industrial agglomeration (geographical concentration) in the early stage of globalization, but loses manufacturing in the later stage of globalization. When losing manufacturing, the large country might be worse off. Thus, the large country might have an incentive to implement welfare-maintaining policies to prevent a loss of manufacturing. All of these results can be explained by market sizes.
出版者	Elsevier
収録物名	Journal of International Economics
巻(号)	111
ページ	34-60
刊行年月	2018-03
言語	英語
ハンドルURL	https://hdl.handle.net/11094/81782
PISSN	00221996
eISSN	18730353
NCID	AA0024302X
関連情報 (isVersionOf)	DOI (出版社版) https://doi.org/10.1016/j.jinteco.2017.12.003
アクセス権	open access
権利情報	© 2017 Elsevier B.V. This manuscript version is made available under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
出版タイプ	Accepted Manuscript
カテゴリ	学術雑誌論文 Journal Article

資源タイプ	学術雑誌論文
ローカル資源タイプ	学術雑誌論文
DCMI資源タイプ	text
DCTERMS.bibliographicCitation	Journal of International Economics. 2018, 111, p. 34-60
DC.title	Market size in globalization
DC.creator	Kato, Hayato
DC.creator	Okubo, Toshihiro
DC.publisher	Elsevier
DC.language' scheme='DCTERMS.RFC1766	英語
DC.type' scheme='DCTERMS.DCMIType	text
DCTERMS.issued' scheme='DCTERMS.W3CDTF	2018-03
DC.identifier	https://doi.org/10.1016/j.jinteco.2017.12.003
DC.subject	Agglomeration
	Market size
	Middle-sized country
	Non-constant wages
	Industry/welfare maintaining policy
DC.description	Hayato Kato, Toshihiro Okubo, Market size in globalization, Journal of International Economics, Volume 111, 2018, Pages 34-60, ISSN 0022-1996, https://doi.org/10.1016/j.jinteco.2017.12.003.
DCTERMS.abstract	A salient feature of the current globalization is a loss of manufacturing in developed countries and rapid industrialization in middle-sized developing countries. This paper aims to construct a simple three-country trade and geography model with different market sizes and non-constant wage rates. The large country fosters industrial agglomeration (geographical concentration) in the early stage of globalization, but loses manufacturing in the later stage of globalization. When losing manufacturing, the large country might be worse off. Thus, the large country might have an incentive to implement welfare-maintaining policies to prevent a loss of manufacturing. All of these results can be explained by market sizes.
DC.rights	© 2017 Elsevier B.V. This manuscript version is made available under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
DC.format	81782
citation_title	Market size in globalization
citation_author	Kato, Hayato
citation_author	Okubo, Toshihiro
citation_publisher	Elsevier
citation_language	英語
citation_date	2018-03
citation_journal_title	Journal of International Economics
citation_volume	111
citation_firstpage	34
citation_lastpage	60
citation_doi	https://doi.org/10.1016/j.jinteco.2017.12.003
citation_public_url	https://hdl.handle.net/11094/81782

Market size in globalization

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