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geography. The same economic forces influence simultaneously growth, convergence, and spatial agglomeration and clustering …
Persistent link: https://www.econbiz.de/10005136721
We study how industry-level agglomeration economies affect government policy. Using administrative data on firm …
Persistent link: https://www.econbiz.de/10011272712
Peaks and troughs in the spatial distributions of population, employment and wealth are a universal phenomenon in search of a general theory. Such spatial imbalances have two possible explanations. In the first, uneven economic development can be seen as the result of the uneven distribution of...
Persistent link: https://www.econbiz.de/10005662148
Whether diversity or specialization of economic activity better promotes technological change and subsequent economic growth has been the subject of a heated debate in the economics literature. The purpose of this paper is to consider the effect of the composition of economic activity on...
Persistent link: https://www.econbiz.de/10005662217
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
This paper presents a model in which growth and geographic agglomeration of economic activities are mutually self … reinforcing processes. Industrial agglomeration in one location spurs growth because it reduces the cost of innovation in that … location through a pecuniary externality due to transaction costs. Growth fosters agglomeration because as the sector at the …
Persistent link: https://www.econbiz.de/10005662416
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
cross-section OLS and dynamic panel GMM estimation. Agglomeration is measured alternatively through measures of urbanization … sets and variable definitions, we find evidence that supports the "Williamson hypothesis": agglomeration boosts GDP growth …
Persistent link: https://www.econbiz.de/10005666860
We study the impact of falling trade costs and falling national transport costs on the economic geography of countries involved in an integration process. Two regions between which labour is mobile form each country, but there is no international factor mobility. Commodities can be traded both...
Persistent link: https://www.econbiz.de/10005667127
-integrated firms is a counter-example to the strong agglomeration effects found in the CP model. A symmetric equilibrium will always be … stable and hence agglomeration is prevented. The introduction of vertically-integrated firms that can separate the location … original CP model and thus lead to more agglomeration. Second, it also tends to decrease the parameter space in which full …
Persistent link: https://www.econbiz.de/10005789037