| A PATH-DEPENDENT MODEL OF INVESTMENT AND EMPLOYMENT FLOW IN A LARGE ECONOMY IN A PROCESS OF INTEGRATION |
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| 作者姓名： | LIUAn-guo YANGKai-zhong |
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| 作者单位： | [1]SchoolofEconomicsandManagementScience,BeijingUniversityofChemicalTechnology,Beijing100029,P.R.China [2]SchoolofGovernmentAdministration,PekingUniversity,Beijing100871,P.R.China |
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| 基金项目： | UndertheauspicesoftheNationalNaturalScienceFoundationofChina(No.49971027)and FundforResearchinNaturalSciencebyYoungTeachersofBeijingUniversityofChemicalTechnology(No.QN0317) |
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| 摘 要： | This paper meant to analyze the spatial evolution of a large country in its process of integration with the world economy in general, and, to look into the possible effect of China‘s accession into WTO on the future development of its spatial economy in particular. Through an approach of increasing returns, external economy, product differentiation and path-dependence, with foreign trade costs incurred by different regions within the large country discriminated, a model of investment and employment flow is developed as a simulation of a large country‘s process of integration with the world economy. The modeling indicates that in the process of integration, as there exist differences in foreign trade costs among different regions within the large country, either the spatial economy of the country deviates from its symmetric structure in autarky and falls into a core-periphery relationship, or the effect of industrial agglomeration is reinforced, amplified and locked in, if the agglomeration had been started. The economic gap on either the aggregate or structural basis between different regions within the large country will increase rapidly as the integration proceeds.
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| 关 键 词： | 经济增长回落 外贸经济 交易成本 投资环境 WTO 世界经济 |
| 收稿时间： | 9 January 2004 |
A path-dependent model of investment and employment flow in a large economy in a process of integration |
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| LIUAn-guo YANGKai-zhong.A PATH-DEPENDENT MODEL OF INVESTMENT AND EMPLOYMENT FLOW IN A LARGE ECONOMY IN A PROCESS OF INTEGRATION[J].Chinese Geographical Science,2004,14(4):289-295. |
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| Authors: | Liu An-guo Yang Kai-zhong |
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| Institution: | (1) School of Economics and Management Science, Beijing University of Chemical Technology, 100029 Beijing, P. R. China;(2) School of Government Administration, Peking University, 100871 Beijing, P. R. China |
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| Abstract: | This paper meant to analyze the spatial evolution of a large country in its process of integration with the world economy
in general, and, to look into the possible effect of China’s accession into WTO on the future development of its spatial economy
in particular. Through an approach of increasing returns, external economy, product differentiation and path-dependence, with
foreign trade costs incurred by different regions within the large country discriminated, a model of investment and employment
flow is developed as a simulation of a large country’s process of integration with the world economy. The modeling indicates
that in the process of integration, as there exist differences in foreign trade costs among different regions within the large
country, either the spatial economy of the country deviates from its symmetric structure in autarky and falls into a core-periphery
relationship, or the effect of industrial agglomeration is reinforced, amplified and locked in, if the agglomeration had been
started. The economic gap on either the aggregate or structural basis between different regions within the large country will
increase rapidly as the integration proceeds.
Foundation item: Under the auspices of the National Natural Science Foundation of China (No. 49971027) and Fund for Research
in Natural Science by Young Teachers of Beijing University of Chemical Technology (No. QN0317)
Biography: LIU An-guo (1962–), male, a native of Changde of Human Province, associate professor, specialized in trade theory
and regional economics. E-mail: anguoliu@163.com
Correspondent: YANG Kai-zhong (1962–), male, a native of Changde of Hunan Province, professor, specialized in regional economics,
regional policy and tourism development. E-mail: ykz@pku.edu.cn |
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| Keywords: | increasing returns pecuniary externality trade cost investment employment |
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