Electronic Resource
Boston, USA and Oxford, UK
:
Blackwell Publishers Inc
Journal of regional science
39 (1999), S. 0
ISSN:
1467-9787
Source:
Blackwell Publishing Journal Backfiles 1879-2005
Topics:
Geography
,
Economics
Notes:
In this paper our primary concern is with a spatial model of competing firms in a regional industry. The firms are producing for an extraregional market and are located so as to gain exclusive access to a dispersed raw-material input. After outlining the form of the industry long-run average cost curve, we specify the equilibrium outcome, both for the individual firm and the regional industry. We demonstrate that the industry long-run supply curve does not coincide with the industry long-run average cost curve. We further show that the outcome in the spatial model results from the separation of firms, each firm having its own domain, part or all of which becomes its supply area.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1111/1467-9787.00132
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