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The Fundamental Law of Road Congestion: Evidence from US cities

Duranton, Gilles; Turner, Matthew A - C.E.P.R. Discussion Papers - 2009

congestion and that the current provision of roads exceeds the optimum given the absence of congestion pricing. …

Persistent link: https://www.econbiz.de/10008528527

Productive cities: Sorting, selection and agglomeration

Behrens, Kristian; Duranton, Gilles; Robert-Nicoud, … - C.E.P.R. Discussion Papers - 2010

into large cities, because large cities select more productive entrepreneurs and firms, or because of agglomeration … between them. The model can replicate stylised facts about sorting, agglomeration, and selection in cities. It can also …

Persistent link: https://www.econbiz.de/10008554236

Rising Trade Costs? Agglomeration and Trade with Endogenous Transaction Costs

Duranton, Gilles; Storper, Michael - C.E.P.R. Discussion Papers - 2005

While transport costs have fallen, the empirical evidence also points at rising total trade costs. In a model of industry location with endogenous transaction costs, we show how and under which conditions a decline in transport costs can lead to an increase in the total cost of trade.

Persistent link: https://www.econbiz.de/10005504426

The Costs of Agglomeration: Land Prices in French Cities

Combes, Pierre-Philippe; Duranton, Gilles; Gobillon, Laurent - C.E.P.R. Discussion Papers - 2012

We develop a new methodology to estimate the elasticity of urban costs with respect to city population using French land price data. Our preferred estimate, which handles a number of estimation concerns, stands at 0.041. Our approach also yields a number of intermediate outputs of independent...

Persistent link: https://www.econbiz.de/10011083617

Microfoundations of Urban Agglomeration Economies

Duranton, Gilles; Puga, Diego - C.E.P.R. Discussion Papers - 2003

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

Labour Pooling, Labour Poaching and Spatial Clustering

Combes, Pierre-Philippe; Duranton, Gilles - C.E.P.R. Discussion Papers - 2001

When firms cluster in the same local labour market, they face a trade-off between the benefits of labour pooling (i.e., access to workers whose knowledge helps reduce costs) and the costs of labour poaching (i.e., loss of some key workers to competition and the indirect effect of a higher wage...

Persistent link: https://www.econbiz.de/10005791641

The productivity advantages of large cities: Distinguishing agglomeration from firm selection

Combes, Pierre-Philippe; Duranton, Gilles; Gobillon, Laurent - C.E.P.R. Discussion Papers - 2009

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