WorldCat Identities

Venables, Anthony

Works: 271 works in 1,038 publications in 3 languages and 9,744 library holdings
Genres: Case studies  Conference papers and proceedings  History 
Roles: Author, Editor
Classifications: HF1025, 330.9
Publication Timeline
Most widely held works by Anthony Venables
The spatial economy : cities, regions and international trade by Masahisa Fujita( Book )

37 editions published between 1999 and 2014 in English and Spanish and held by 769 WorldCat member libraries worldwide

The authors show how seemingly disparate models reflect a few basic themes, and in so doing they develop a common "grammar" for discussing a variety of issues. They show how a common approach that emphasizes the three-way interaction among increasing returns, transportation costs, and the movement of productive factors can be applied to a wide range of issues in urban, regional, and international economics
Multinational firms in the world economy by Giorgio Barba Navaretti( Book )

22 editions published between 2004 and 2006 in English and Italian and held by 622 WorldCat member libraries worldwide

Presenting a debate on multinationals that is grounded in sound economic arguments, the authors explain their conclusion that multinational enterprises are generally a force for the promotion of prosperity in the world economy
European integration : trade and industry by European integration( Book )

20 editions published between 1991 and 1993 in English and held by 421 WorldCat member libraries worldwide

A contribution to our understanding of the effects of the completion of the European internal market in 1992
Plundered nations? : successes and failures in natural resource extraction by Paul Collier( Book )

8 editions published in 2011 in English and held by 375 WorldCat member libraries worldwide

"The study of natural resource extraction in resource-rich countries often shows that plunder, rather than prosperity, has become the norm. Management of natural resources differs widely in every state; a close examination of the decision-making chains in various states highlights the key principles that need to be followed to avoid distortion and dependence. This book consists of eight case studies investigating the political economy of the decision chain, revealing where various states have met with success, or failed disastrously. This original research provides a unique insight into how different countries have handled their resource extraction. This book is essential reading for students, researchers and policy makers working across development economics and natural resource economics."--Provided by publisher
Spatial disparities in human development : perspectives from Asia( Book )

10 editions published between 2005 and 2006 in English and held by 215 WorldCat member libraries worldwide

"Spatial disparities are a measure of the unequal distribution of income, wealth, power and resources between peoples in different locations. This book focuses on issues directly related to the Millennium Development Goals including conflict, poverty, and the causes and consequences of inequality. It applies the latest research techniques including regression-based decomposition, poverty decomposition and computable general equilibrium models."--Jacket
The Economics of the Single European Act by George W McKenzie( Book )

14 editions published between 1991 and 1994 in English and held by 194 WorldCat member libraries worldwide

The seamless world : a spatial model of international specialization by Paul R Krugman( Book )

39 editions published between 1995 and 1999 in English and Undetermined and held by 169 WorldCat member libraries worldwide

Out from economic centers, though reducing the welfare of closer regions. Where will a new activity, such as assembly of a new product, locate? Remote locations are disadvantaged if the product has high transport intensity (perhaps because of heavy requirements for intermediate inputs). But the costs of remoteness are already incorporated into the factor prices of those regions, which makes them more attractive. Which location is chosen depends, therefore, on how existing activities compare with the new activity in transport intensity and factor intensity. This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to study the location of economic activity. The authors may be contacted at or
Trading arrangements and industrial development by Diego Puga( Book )

24 editions published between 1995 and 1999 in English and Undetermined and held by 107 WorldCat member libraries worldwide

June 1997 A new approach to analyzing the role of trade in promoting industrial development. How do different trading arrangements influence the industrialization process of developing countries? Can preferential trading arrangements (PTAs) be superior to multilateral liberalization, or at least an alternative when multilateral liberalization proceeds slowly? If so, what form should the PTAs take? Are developing countries better advised to seek PTAs with industrial countries or among themselves? Traditional analysis of these issues has been based on the ideas of trade creation and trade diversion. The problem with this analysis is that it starts from assuming a pattern of comparative advantage. This stands in sharp contrast to the apparently changing comparative advantage of newly industrialized countries. The experience of these countries suggests the need for an analysis in which the pattern of comparative advantage is not set in stone but is potentially flexible, and in which less developed countries can develop and converge in both income and economic structure to industrial economies. Puga and Venables outline an alternative approach for analyzing the role of trade in promoting industrial development. There are few fundamental differences between countries that generate immutable patterns of comparative advantage. Instead the pattern of trade and development in the world economy is determined mainly by history. Cumulative causation has created concentrations of industrial activity in particular locations (industrial countries) and left other areas more dependent on primary activities. Economic development can be thought of as the spread of these concentrations from country to country. Different trading arrangements may have a major impact on this development process. By changing the attractiveness of countries as a base for manufacturing production they can potentially trigger or postpone industrial development. This approach explains why firms are reluctant to move to economies that have lower wages and labor costs, and shows how trade liberalization can change the incentives to become established in developing countries. It provides a mechanism through which import liberalization can have a powerful effect in promoting industrialization. And it suggests that import liberalization may create or amplify differences between liberalizing countries with the possible political tensions this may create. While these features are consistent with the world economy, they fall short of providing convincing empirical support for the approach. Using the approach, the authors derive a number of conclusions about the effects of trade liberalization. First, that unilaterally liberalizing imports of manufactures can promote development of the local manufacturing industry. The mechanism is forward linkages from imported intermediates, but this may be interpreted as part of a wider package of linkages coming from these imports. Second, the gains from liberalization through PTA membership are likely to exceed those obtained from unilateral action. South-South PTAs will be sensitive to the market size of member states, and North-South PTAs seem to offer better prospects for participating Southern economies, if not for North and excluded countries. Third, the effects of particular schemes (such as the division of benefits between Southern economies) will depend on the characteristics of the countries and cross-country differences in these characteristics. This paper-a product of the International Trade Division, International Economics Department-was prepared for the research project on regional integration
Globalization and the inequality of nations by Paul R Krugman( Book )

22 editions published between 1994 and 1995 in English and held by 91 WorldCat member libraries worldwide

A monopolistically competitive manufacturing sector produces goods used for final consumption and as intermediates. Intermediate usage creates cost and demand linkages between firms and a tendency for manufacturing agglomeration. How does globalization affect the location of manufacturing and gains from trade? At high transport costs all countries have some manufacturing, but when transport costs fall below a critical value a core-periphery pattern spontaneously forms, and nations that find themselves in the periphery suffer a decline in real income. At still lower transport costs there is convergence of real incomes, in which peripheral nations gain and core nations may lose
Integration, specialization, and adjustment by Paul R Krugman( Book )

25 editions published between 1992 and 1994 in English and held by 88 WorldCat member libraries worldwide

In the United States, many industries have a Silicon Valley-type geographic localization. In Europe, these same industries often have four or more major centers of production. This difference is presumably the result of the formal and informal trade barriers that have divided the European market. With the growing integration of that market, however, there is the possibility that Europe will develop an American-style economic geography. This paper uses a theoretical model of industrial localization to demonstrate this possibility, and to show the possible transition costs associated with this shift
Geography and export performance : external market access and internal supply capacity by Stephen Redding( Book )

31 editions published between 2003 and 2011 in English and Italian and held by 82 WorldCat member libraries worldwide

This paper explores the interactions between external trade and regional disparities in the Italian economy since unification. It argues that the advantage of the North was initially based on natural advantage (in particular the endowment of water, intensive in silk production). From 1880 onwards the share of exports in GDP stagnated and then declined; domestic market access therefore became a key determinant of industrial location, inducing fast growing new sectors (especially engineering) to locate in regions with a large domestic market, i.e. in the North. From 1945 onwards trade growth and European integration meant that foreign market access was the decisive factor; the North had the advantage of proximity to these markets
Foreign direct investment as a catalyst for industrial development by James R Markusen( Book )

12 editions published in 1997 in English and held by 71 WorldCat member libraries worldwide

How does an FDI project affect local firms in the same industry? Competition in the" product and factor markets tends to reduce profits of local firms, but linkage effects to supplier" industries may reduce input costs and raise profits. This paper develops an analytical framework" to assess these effects. Circumstances in which FDI is complementary to local industry are" established, and it is shown how FDI may lead to the establishment of local industrial sectors." These sectors may grow to the point where local production overtakes and forces out FDI plants." Our results are consistent with the experience of a number of industrial sectors in the NICs."
Geography and development by J. Vernon Henderson( )

11 editions published in 2000 in English and held by 67 WorldCat member libraries worldwide

Why are some spatial differences in land rents and wages not bid away by firms and individuals in search of low-cost or high-income locations? Why does economic activity cluster in centers of activity? And what are the consequences of remoteness from existing centers?
Multinational production, skilled labor, and real wages by James R Markusen( Book )

12 editions published in 1996 in English and held by 66 WorldCat member libraries worldwide

Adapting our earlier model of multinationals, we address policy issues involving wages and labor skills. Multinational firms may arise endogenously, exporting their firm-specific knowledge capital to foreign production facilities, and geographically fragmenting production into skilled and unskilled-labor-intensive activities. Multinationals thus alter the nature of trade, from trade in goods (produced with both skilled and unskilled labor) to trade in skilled- labor-intensive producer services. Results shed light on several policy questions. First, multinationals increase the skilled/unskilled wage gap in the high income country and, under some circumstances, in the low income country as well. Second, there is a sense in which multinationals export low skilled jobs to the lower income country. Third, trade barriers do not protect unskilled labor in the high income countries. By inducing a regime shift to multinationals, trade barriers protect the abundant factor, at least in the high income country and possibly in both countries. Fourth, a convergence in country characteristics induces the entry of multinationals and raises the skilled-unskilled wage gap in the initially large and skilled-labor-abundant country, and possibly in the small skilled-labor-scarce country as well
Infrastructure, Geographical Disadvantage, and Transport Costs by Anthony Venables( )

14 editions published in 1999 in English and Undetermined and held by 66 WorldCat member libraries worldwide

December 1999 - The median landlocked country has only 30 percent of the trade volume of the median coastal economy. Halving transport costs increases that trade volume by a factor of five. Improving the standard of infrastructure from that of the bottom quarter of countries to that of the median country increases trade by 50 percent. Improving infrastructure in Sub-Saharan Africa is especially important for increasing African trade. Limão and Venables use three different data sets to investigate how transport depends on geography and infrastructure. Landlocked countries have high transport costs, which can be substantially reduced by improving the quality of their infrastructure and that of transit countries. Analysis of bilateral trade data confirms the importance of infrastructure. Limão and Venables estimate the elasticity of trade flows with regard to transport costs to be high, at about -2.5. This means that: · The median landlocked country has only 30 percent of the trade volume of the median coastal economy. · Halving transport costs increases the volume of trade by a factor of five. · Improving infrastructure from the 75th to the 50th percentile increases trade by 50 percent. Using their results and a basic gravity model to study Sub-Saharan African trade, both internally and with the rest of the world, Limão and Venables find that infrastructure problems largely explain the relatively low levels of African trade. This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to investigate the effects of geography on economic performance. The authors may be contacted at or
Multinational firms and the new trade theory by James R Markusen( Book )

12 editions published in 1995 in English and held by 65 WorldCat member libraries worldwide

A model is constructed in which multinational firms may arise endogenously. Multinationals exist in equilibrium when transport and tariff costs are high, incomes are high, and firm-level scale economies are important relative to plant-level scale economies. Less obvious, multinationals are more important in total economic activity when countries are more similar in incomes, relative factor endowments, and technologies. The model may thus be useful in explaining several stylized facts, including (a) the growing importance of direct investment relative to trade among the developed countries over time and (b) the greater ratio of investment to trade among the developed countries relative to this ratio for 'north-south' or 'south-south' economic relationships. The model offers predictions about the volume of trade that contrast with those of the 'new trade theory', predicting that trade at first rises and then falls as countries converge in incomes, relative endowments, and technologies. Welfare is also considered, and it is shown that direct investment makes the smaller (or high cost) country better off, but may make the larger (or low cost) country worse off
Timeliness, trade and agglomeration by James Harrigan( Book )

18 editions published in 2004 in English and held by 55 WorldCat member libraries worldwide

An important element of the cost of distance is time taken in delivering final and intermediate goods. We argue that time costs are qualitatively different from direct monetary costs such as freight charges. The difference arises because of uncertainty. Unsynchronised deliveries can disrupt production, and delivery time can force producers to order components before demand and cost uncertainties are resolved. Using several related models we show that this generates hitherto unexplored incentives for clustering. If final assembly takes place in two locations and component production has increasing returns to scale, then component production will tend to cluster around just one of the assembly plants
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The spatial economy : cities, regions and international trade
Alternative Names
Anthony Venables British economist and the BP Professor of Economics

Anthony Venables britisk økonom

Anthony Venables Brits econoom

Anthony Venables brittisk ekonom

Vanables, Tony

Venables, A. J.

Venables, A. J. 1953-

Venables, A. J. (Anthony James)

Venables, Anthony J.

Venables, Anthony J. 1953-

Venables, Anthony J. (Anthony James)

Venables, Anthony J. (Anthony James), 1953-

Venables, Anthony James 1953-

Venables, Tony

Venables, Tony 1953-

ベナブルズ, アンソニー・J

English (323)

Italian (4)

Spanish (1)

Multinational firms in the world economyEuropean integration : trade and industryPlundered nations? : successes and failures in natural resource extractionSpatial disparities in human development : perspectives from AsiaThe Economics of the Single European Act