Showing 1 - 10 of 25
Average earnings vary widely across the regions of Britain, a fact that has prompted many decades of policies aimed at reducing regional disparities. But as Henry Overman and Steve Gibbons demonstrate, such variation reveals little, especially if we ignore regional differences in the cost of...
Persistent link: https://www.econbiz.de/10009351544
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
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
, many popular theories of agglomeration - spillovers, cost advantages and improved match quality - predict that …
Persistent link: https://www.econbiz.de/10005510475
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
There are large variations in economic performance across UK cities and on some measures, they have widened since the global financial crisis. All main parties promise action to reduce them, but there is little difference between them in terms of the policies that they would pursue to meet this...
Persistent link: https://www.econbiz.de/10011240548
This paper analyses patterns of production across 14 industries in 45 regions from 7 European countries since 1975. We estimate a structural equation derived directly from Heckscher-Ohlin theory that relates an industry's share of a region's GDP to factor endowments and relative prices. Factor...
Persistent link: https://www.econbiz.de/10005016841
, namely the joint consideration of agglomeration and growth. We also review empirical methods and findings based on natural …
Persistent link: https://www.econbiz.de/10010702080
This paper surveys the theoretical and empirical literature on the relationship between the spatial distribution of economic activity and transportation costs. We develop a multi-region model of economic geography that we use to understand the general equilibrium implications of transportation...
Persistent link: https://www.econbiz.de/10010782161
We use variation in oil output among Brazilian municipalities to investigate the effects of resource windfalls. We find muted effects of oil through market channels: offshore oil has no effect on municipal non-oil GDP or its composition, while onshore oil has only modest effects on non-oil GDP...
Persistent link: https://www.econbiz.de/10008476318