Skip to Main content Skip to Navigation
Preprints, Working Papers, ...

Market Potential and Development

Abstract : This paper provides evidence on the long-term impact of market potential on economic development. It derives from the New Economic Geography literature a structural estimation where the level of factors' income of a country is related to its export capacity, labelled Market Access (MA) by Redding and Venables (2004), or Real Market Potential (RMP) by Head and Mayer (2004). The empirical part evaluates this market potential for all countries in the world with available trade data over the 1960-2003 period and relates it to income per capita. Overall results show that market potential is a powerful driver of increases in income per capita.
Document type :
Preprints, Working Papers, ...
Complete list of metadata

Cited literature [18 references]  Display  Hide  Download

https://hal-sciencespo.archives-ouvertes.fr/hal-01066164
Contributor : Spire Sciences Po Institutional Repository Connect in order to contact the contributor
Submitted on : Friday, September 19, 2014 - 12:06:23 PM
Last modification on : Tuesday, March 22, 2022 - 3:34:49 AM
Long-term archiving on: : Friday, April 14, 2017 - 2:33:20 PM

File

mayer-cepr-6798-2008.pdf
Files produced by the author(s)

Identifiers

  • HAL Id : hal-01066164, version 1
  • SCIENCESPO : 2441/10146

Collections

Citation

Thierry Mayer. Market Potential and Development. 2008. ⟨hal-01066164⟩

Share

Metrics

Record views

148

Files downloads

631