Publication Type
Working Paper
Version
publishedVersion
Publication Date
9-2018
Abstract
This article provides a review on the theories of various power-law phenomena related to geography and trade. In particular, we focus our discussion on the gravity equation of trade flows, the power law in firm size, and the link between the two - highlighting the roles of geography and trade in the theoretical modeling. We also discuss how these two power-law phenomena may be related to other power-law phenomena, such as those in income, firm productivity and city size.
Discipline
International Economics | Regional Economics
Research Areas
International Economics
First Page
1
Last Page
25
Publisher
SMU Economics and Statistics Working Paper Series, No. 19-2018
City or Country
Singapore
Citation
CHANG, Pao-Li and HSU, Wen-Tai.
Geography, trade and power-law phenomena. (2018). 1-25.
Available at: https://ink.library.smu.edu.sg/soe_research/2206
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.