Showing 1 - 3 of 3
A central prediction of a large class of theoretical models is that industry location is not necessarily uniquely determined by fundamentals. In these models, historical accident or expectations determine which of several steady-state locations is selected. Despite the theoretical prominence of...
Persistent link: https://www.econbiz.de/10005792403
characteristics on industry location can be explained by a combination of sunk costs and agglomeration effects. …
Persistent link: https://www.econbiz.de/10011083262
This paper develops a quantitative model of internal city structure that features agglomeration and dispersion forces … estimate agglomeration and dispersion forces, we use data on thousands of city blocks in Berlin for 1936, 1986 and 2006 and … residential externalities. We show that the model with the estimated agglomeration parameters can account both qualitatively and …
Persistent link: https://www.econbiz.de/10011083978