Showing 1 - 7 of 7
cluster together, turning location into a self-reinforcing process. Agglomeration raises the price of immobile local factors …
Persistent link: https://www.econbiz.de/10005662027
This paper describes the spread of industry from country to country as a region grows. All industrial sectors are initially agglomerated in one country, tied together by input-output links between firms. Growth expands industry more than other sectors, bidding up wages in the country in which...
Persistent link: https://www.econbiz.de/10005662334
the agglomeration of increasing returns activities. When workers migrate towards locations with more firms and higher real … wages, this intensifies agglomeration. When workers do not move across regions, further reductions in transport costs make …
Persistent link: https://www.econbiz.de/10005666674
This Paper studies the theoretical micro-foundations of urban agglomeration economies. We distinguish three types of … characterization of some of the main theoretical underpinnings of urban agglomeration economies, to discuss modeling issues that arise … when working with these tools, and to compare different sources of agglomeration economies in terms of the aggregate urban …
Persistent link: https://www.econbiz.de/10005791489
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 …
Persistent link: https://www.econbiz.de/10005791878
the hub, with better reciprocal access to spoke nations than to each other. Further liberalization induces agglomeration …
Persistent link: https://www.econbiz.de/10005123966
income are supported by the agglomeration of industry in a subset of countries. Economic development may not be a gradual …
Persistent link: https://www.econbiz.de/10005656413