Showing 1 - 10 of 10
intersectoral) is the key to agglomeration, but migrants base their decision on current wage differences alone--even though …. Agglomeration, therefore, can be a self-fulfilling prophecy. …
Persistent link: https://www.econbiz.de/10005666517
Recent trade models determine the equilibrium distribution of firm-level efficiency endogenously and show that freer trade shifts the distribution towards higher average productivity due to entry and exit of firms. These models ignore the possibility that freer trade also alters the firm-size...
Persistent link: https://www.econbiz.de/10005666664
complex, since they feature demand-linked and cost-linked agglomeration forces. The paper presents a simpler model, where … agglomeration stems from demand-linked forces arising from endogenous capital with forward-looking agents. The model’s simplicity … permits many analytic results (rare in economic geography). Trade-cost levels that trigger catastrophic agglomeration are …
Persistent link: https://www.econbiz.de/10005136511
This Paper considers tax competition and tax harmonization in the presence of agglomeration forces and falling trade …
Persistent link: https://www.econbiz.de/10005136579
analysis. A ‘selection effect’ means standard empirical measures overestimate agglomeration economies. A ‘sorting effect’ means …
Persistent link: https://www.econbiz.de/10005498028
This paper takes a modest step towards formalizing the theoretical interconnections among four post-Industrial-Revolution phenomena – the industrialization and growth take-off of rich ‘northern’ nations, massive global income divergence, and rapid trade expansion. Specifically, we present...
Persistent link: https://www.econbiz.de/10005498127
shows that inter-regional learning spillovers are a stabilizing force. Finally, the paper shows that agglomeration of …
Persistent link: https://www.econbiz.de/10005661988
We model international tax competition allowing for agglomeration forces and heterogeneous firms. This provides a new …
Persistent link: https://www.econbiz.de/10005792468
We review the theoretical links between growth and agglomeration. Growth, in the form of innovation, can be at the … origin of catastrophic spatial agglomeration in a cumulative process à la Myrdal. One of the surprising features of the … could lead to catastrophic agglomeration. The growth analog to this result is that the introduction of endogenous growth in …
Persistent link: https://www.econbiz.de/10005124278
Global production sharing is determined by international cost differences and frictions related to the costs of unbundling stages spatially. The interaction between these forces depends on engineering details of the production process with two extremes being ‘snakes’ and ‘spiders’....
Persistent link: https://www.econbiz.de/10008784697