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Is the World's Economic Center of Gravity Already in Asia?

Auteur(s)
Grether, Jean-marie 
Institut de recherches économiques 
Mathys, Nicole 
Institut de recherches économiques 
Maison d'édition
Université de Lausanne, Faculté des HEC, DEEP
Date de parution
2008
Mots-clés
  • Geographical location of economic activity
  • center of gravity
  • spatial imbalances
  • Geographical location...

  • center of gravity

  • spatial imbalances

Résumé
This paper proposes a simple measure of the World's Economic Center of Gravity (WECG) based on national GDP figures and the geographical location of the world's most important cities. This measure makes it possible to characterize the location of economic activity around the globe. It turns out that, over the 1975-2004 period, the WECG has shifted towards Asia, and the location of economic activity has become more evenly spread. On average, the distance to the WECG, which is highly correlated with the remoteness indicator frequently used in the trade gravity literature, has decreased more in Asian cities (-12%) and increased more in European cities (+16%).
Identifiants
https://libra.unine.ch/handle/123456789/19670
_
10.1111/j.1475-4762.2009.00895.x
Type de publication
report
Dossier(s) à télécharger
 main article: Area - 2010 - Grether - Is the world s economic centre of gravity already in Asia.pdf (224.29 KB)
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