Geography, trade and regional development: the role of wage costs, exchange rates and currency/capital movements

Geography, trade and regional development: the role of wage costs, exchange rates and currency/capital movements
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地理、贸易和区域发展:工资成本、汇率和货币/资本流动的作用

DOI:
10.1093/jeg/lbt025
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发表时间:
2014-11
影响因子:
2.9
通讯作者:
Michael Dunford*,**,y, Weidong Liu**, Zhigao Liu**
Michael Dunford*,**,y, Weidong Liu**, Zhigao Liu**
中科院分区:
经济学2区
文献类型:
--
作者:
Michael Dunford*,**,y, Weidong Liu**, Zhigao Liu**

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现有的地理专业化与贸易理论可分为四类:供给侧理论;需求;内生增长与制度模式。在最近的过去,经济地理学家很少关注早期的区域经济分析,而将大部分精力集中在生产结构的详细检查上,将上下游活动连接到生产和价值网络,集群,制度和最近的经济演变。因此,现有的经济地理学无法处理成本、汇率、贸易和资本流动演变的某些方面对区域发展的影响,而且对经济计算的关注相对较少。地理经济学包括贸易和微观基础的基本理论,但其供给侧方法忽略了货币和需求侧因素的作用(除了贸易的重力模型)。本文的目的是论证现有理论框架的延伸,以便根据全球经济地理的最新趋势以及打击发达国家的连续金融和债务危机,涵盖这些问题。
Existing theories of geographical specialization and trade can be classified into four groups: supply-side; demand-side; endogenous growth and institutional models. In the recent past, economic geographers have paid little attention to earlier regional economic analysis and concentrated for the most part on detailed examination of production structures, the chains linking upstream and downstream activities into production and value networks, clusters, institutions and more recently, economic evolution. As a result, existing economic geography is ill-equipped to deal with the impact of some aspects of the evolution of costs, exchange rates, trade and capital flows on regional development and pays relatively little attention to economic calculation. Geographical economics includes an underlying theory of trade and micro-foundations, yet its supply-side approach neglects the role of monetary and demand-side (except in gravity models of trade) factors. The aim of this article is to argue for an extension of existing theoretical frameworks to embrace these issues in the light of recent trends in global economic geography and successive financial and debt crises that have stricken the developed world.
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