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Australia has seen large rises in living standards over the last decades across the whole of the income distribution. Technological change and international trade have contributed to this success, but have also brought structural change. Some industries have declined, while others flourished....
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agglomeration economies. This paper provides a microeconomically founded model of vertical city differentiation in which the latter … two mechanisms (`agglomeration' and `selection') operate simultaneously. Our model is both rich and tractable enough to …
Persistent link: https://www.econbiz.de/10005792517
Firms are more productive on average in larger cities. Two explanations have been offered: agglomeration economies … selection model and a standard model of agglomeration. Stronger selection in larger cities left-truncates the productivity … distribution whereas stronger agglomeration right-shifts and dilates the distribution. We assess the relative importance of …
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An increasing amount of empirical evidence documents that city-size distribution within a country follows a power law, often in the form of Zipf’s law. This paper provides new comparative evidence on city size distribution across OECD countries. It uses a database where urban agglomerations...
Persistent link: https://www.econbiz.de/10010230709