Showing 1 - 10 of 53
This paper studies how firm heterogeneity in terms of productivity affects the balance between agglomeration and … mark-ups. It shows that firm heterogeneity matters. However, whether it shifts the balance from agglomeration to dispersion … 'evenness'. Accordingly, the role of firm heterogeneity in selection models of agglomeration cannot be fully understood without …
Persistent link: https://www.econbiz.de/10009651300
This paper develops a quantitative model of city structure to separate agglomeration forces, dispersion forces and …
Persistent link: https://www.econbiz.de/10010554887
agglomeration economies. This paper provides a microeconomically founded model of vertical city differentiation in which the latter … two mechanisms (`agglomeration' and `selection') operate simultaneously. Our model is both rich and tractable enough to …
Persistent link: https://www.econbiz.de/10005796147
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/10005797200
the quality of the match between job and worker, trade liberalization may lead to industrial agglomeration and inter …-industry trade. The agglomeration force is the improvement in the quality of matches when firms recruit from a bigger pool of labor …. The forces against agglomeration are the existence of trade costs and monopoly power in the labor market. We show that …
Persistent link: https://www.econbiz.de/10005017005
The striking geographical concentration of economic activities suggests that there are substantial benefits toagglomeration. However, the nature of those benefits remains unclear. In this paper we take advantage of a newdataset to quantify the role of one of the main contenders - the matching of...
Persistent link: https://www.econbiz.de/10005670635
Higher ability workers benefit more from bigger cities while housing costs there are higher for everyone, and yet there is little sorting on ability. A possible explanation is that young individuals have an imperfect assessment of their ability, and, when they learn about it, early decisions...
Persistent link: https://www.econbiz.de/10010945136
perform. Globalisation occurs in two distinct phases, leading to the agglomeration of an industry (manufacturing) in the first …. Because of agglomeration effects, the increase in relative endowment of a factor may increase its relative wages, leading to …
Persistent link: https://www.econbiz.de/10005797244
, many popular theories of agglomeration - spillovers, cost advantages and improved match quality - predict that …
Persistent link: https://www.econbiz.de/10005510475
When firms cluster in the same local labor market, they face a trade-off between the benefits of labor pooling (i.e., access to workers whose knowledge help reduce costs) and the costs of labor poaching (i.e., loss of some key workers to competition and the indirect effect of a higher wage bill...
Persistent link: https://www.econbiz.de/10005016786