This paper surveys the optimum currency area (OCA) literature. It is organised into four
phases: the" pioneering phase" which put forward the OCA theory and its properties, the" …

Rapid urbanization and population growth have increased the need for grain transportation
in China, as more grain is being consumed and croplands have been moved away from …

First published in 2007. Exchange Rate Economics: Theories and Evidence is the second
edition of Floating Exchange Rates: Theories and Evidence, and builds on the successful …

There is no lack of good international economics textbooks ranging from the elementary to
the advanced, so that an additional drop in this ocean calls for an explanation. In the present …

This paper aims at assessing the role of market linkages in shaping the spatial distribution of
earnings. Using a space-time panel data on Italian provinces, I structurally estimate a NEG …

This paper analyses the effects of trade liberalisation on the location of manufacturing firms
that are vertically linked and differ in factor intensities. I extend the new economic geography …

Published in association with the UK Chapter of the Academy of International Business
(AIB), this ninth volume in the AIB series focuses on the new challenges and developments …

The development of international trade theory has created a wide array of different theories,
concepts and results. Nevertheless, trade theory has been split between partial and …

Transport infrastructure (TI) plays a crucial role in socioeconomic development. The
increase of TI inequality, an all-pervading phenomenon in both developed and developing …

The paper returns to a familiar topic in international trade, comparative advantage,
introducing it into Krugman's classic, core–periphery model of economic geography. This …