The assessment: trade and location

1 June 1998

journal article
Published by Oxford University Press (OUP) in Oxford Review of Economic Policy

Vol. 14 (2) , 1-6
https://doi.org/10.1093/oxrep/14.2.1

Abstract

This paper gives an overview of different analyses of the effects of globalization on industrial location. It suggests that comparative advantage is inadequate to explain several aspects of the changing patterns of trade and location, and that it needs to supplemented by approaches based on new economic geography and theories of cumulative causation.

Keywords

GEOGRAPHY
CAUSATION
INDUSTRIAL LOCATION
CUMULATIVE
CHANGING PATTERNS
INADEQUATE
SUPPLEMENTED
DIFFERENT ANALYSES
TRADE AND LOCATION
LOCATION THIS PAPER

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