Showing 1 - 10 of 56
peripheral regions as the firms would forego ‘rents’ from agglomeration economies. In this paper, we study whether local policy … makers effectively tax such agglomeration rents. We test this with panel data from Swiss municipalities between 1985 and 2005 … introduce an new measure of cluster intensity which considers the varying intensities in agglomeration economies across sectors. …
Persistent link: https://www.econbiz.de/10009020792
Lumpiness of production factors within a country might overturn the predictions for the structure of trade by the factor-abundance (HO) model. Trade patterns, as predicted by this model, can both be magnified or reversed by uneven concentration of production factors within a country. Cities are...
Persistent link: https://www.econbiz.de/10009386353
efficiency arises since the efficient distribution of regional infrastructure requires full agglomeration for sufficiently low …
Persistent link: https://www.econbiz.de/10005094290
This paper shows that subsidy competition may be efficiency enhancing. We model a subsidy game among two asymmetric regions in a new trade model, where capital can freely move among regions, but capital rewards are repatriated. We study subsidy competition, starting from an equilibrium where the...
Persistent link: https://www.econbiz.de/10005051556
The paper combines an economic-geography model of agglomeration and periphery with a model of species diversity and …
Persistent link: https://www.econbiz.de/10005406256
In contrast to what several papers have argued recently, we show that firm heterogeneity fosters agglomeration of … propensity to export. This renders the home market more important speaking against agglomeration. We also relate changes in firm …
Persistent link: https://www.econbiz.de/10010598915
I define a composite amenity that provides aesthetic and consumption value to local residents: Urbanity. A novel data set of geo-tagged photos shared in internet communities serves as a proxy for urbanity. From the spatial pattern of house prices and photos I identify the value of urbanity in...
Persistent link: https://www.econbiz.de/10010877804
How have house prices evolved over the long-run? This paper presents annual house prices for 14 advanced economies since 1870. Based on extensive data collection, we show that real house prices stayed constant from the 19th to the mid-20th century, but rose strongly during the second half of the...
Persistent link: https://www.econbiz.de/10011264744
Value-added data are an increasingly common evaluation tool for schools and teachers. Many school districts have adopted these methods and released the results publicly. In this paper, we study the release of value-added data in Los Angeles by the Los Angeles Times newspaper to identify how...
Persistent link: https://www.econbiz.de/10010608713
It is well understood that the two most popular empirical models of location choice - conditional logit and Poisson - return identical coefficient estimates when the regressors are not individual specific. We show that these two models differ starkly in terms of their implied predictions. The...
Persistent link: https://www.econbiz.de/10005013045