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different levels of migration frictions. We bring the model to the data for the whole world economy at a 1º times 1º geographic … regions in the world. We then use the model to study the effect of a spatial shock. We focus on the example of a rise in the … of the world economy. …
Persistent link: https://www.econbiz.de/10011252617
This paper studies the role of internal migration in income convergence across regions in Japan. Neoclassical theory predicts that migration should have been an important source of convergence, but regression results suggest otherwise. The paper investigates the possibility that this discrepancy...
Persistent link: https://www.econbiz.de/10005123658
We evaluate the role that cities play on individual productivity in China. First, we show that location explains a large share of nominal wage disparities. Second, even after controlling for individual and firms characteristics and instrumenting city characteristics, the estimated elasticity of...
Persistent link: https://www.econbiz.de/10011084353
This paper evaluates, in the context of economic geography estimates, the magnitude of the distortions arising from the choice of zoning system, which is also known as the Modifiable Areal Unit Problem (MAUP). We consider three standard economic geography exercises (the analysis of spatial...
Persistent link: https://www.econbiz.de/10005792469
What are the consequences of resource-based regional specialization, when it persists over a long period of time? While much of the literature argues that specialization is beneficial, recent work suggests it may be costly in the long run, due to economic or political reasons. I examine this...
Persistent link: https://www.econbiz.de/10005123671
This paper presents a dynamic, two-region general equilibrium model in which inter-regional production and trade patterns are endogenously determined. Localized growth stems from geographical concentration of an industrial sector exhibiting permanent productivity increases. Geographical...
Persistent link: https://www.econbiz.de/10005504212
over the period 1999-2005. Second, and by using our estimation results as input, we simulate various long-run scenarios of …
Persistent link: https://www.econbiz.de/10008784749
Do locational fundamentals such as coastlines and rivers determine town locations, or can historical events trap towns in unfavorable locations for centuries? We examine the effects on town locations of the collapse of the Western Roman Empire, which temporarily ended urbanization in Britain,...
Persistent link: https://www.econbiz.de/10011083231
This paper studies the long run development of U.S. counties and metro areas from 1800 to 2000. In earlier periods smaller counties converge whereas larger counties diverge. Over time, due to changes in the age composition of locations and net congestion, convergence dissipates and divergence...
Persistent link: https://www.econbiz.de/10011083478
Since the early 1990s, there has been a renaissance in the study of regional growth, spurred by new models, methods and data. We survey a range of modelling traditions, and some formal approaches to the ’hard problem’ of regional economics, namely the joint consideration of agglomeration and...
Persistent link: https://www.econbiz.de/10011083919