Showing 1 - 10 of 17
; namely, the joint consideration of agglomeration and growth. We also review empirical methods and findings based on natural …
Persistent link: https://www.econbiz.de/10010758559
two regions, the decrease of these costs fosters the gradual agglomeration of plants in the core region accommodating the …
Persistent link: https://www.econbiz.de/10005498045
We address the fundamental question arising in economic geography: why do economic activities agglomerate in a small number of places? The main reasons for the formation of economic clusters involving firms and/or households are analysed: (i) externalities under perfect competition; (ii)...
Persistent link: https://www.econbiz.de/10005123960
This paper studies how firm heterogeneity in terms of productivity affects the balance between agglomeration and … endogenous markups. It shows that firm heterogeneity matters. However, whether it shifts the balance from agglomeration to … ‘evenness’. Accordingly, the role of firm heterogeneity in selection models of agglomeration can not be fully understood without …
Persistent link: https://www.econbiz.de/10010594987
We develop a monopolistically competitive model of trade with firm heterogeneity - in terms of productivity differences - and endogenous differences in the 'toughness' of competition across markets - in terms of the number and average productivity of competing firms. We analyze how these...
Persistent link: https://www.econbiz.de/10005084483
Canonical analysis of the classical general equilibrium model demonstrates the existence of an open and dense subset of standard economies that possess fully-revealing rational expectations equilibria. This paper shows that the analogous result is not true in urban economies under appropriate...
Persistent link: https://www.econbiz.de/10010636458
Recent influential empirical work has emphasized the negative impact immigrants have on the wages of U.S.-born workers, arguing that immigration harms less educated American workers in particular and all U.S.-born workers in general. Because U.S. and foreign born workers belong to different...
Persistent link: https://www.econbiz.de/10005778650
In the past decade, we observed an acceleration of Western European integration, while the transition countries of Central Eastern Europe (CEE) have not become members of the EU. In this paper, we conduct numerical simulations on the consequences of such a kind of differential integration within...
Persistent link: https://www.econbiz.de/10008547065
This paper explores the formation of cities through labour specialization, gains to trade, a fixed cost for the transportation network, imperfect competition between firms, and the commuting costs of consumers. The model uses a very general setting, allowing a multidimensional location space and...
Persistent link: https://www.econbiz.de/10005498079
The aim of this paper is to explore the structure of cities as a function of labor differentiation, gains to trade, a fixed cost for constructing the transportation network, a variable cost of commodity transport, and the commuting costs of consumers. Firms use different types of labor to...
Persistent link: https://www.econbiz.de/10011083732