market potential

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The intensity of possible contacts with markets. The so-called Harris market potential uses bilateral distances to weight surrounding locations' GDP: MPHarris, i=jGDPjdistijA more sophisticated version of Harris's market potential uses road travel times for lorries as weights, instead of great circle distances:MPTraveltime, i=jGDPjtraveltimeijSee Breinlich (2006) J. Econ. Geog. 6, 5.

Subjects: Earth Sciences and Geography.

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