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We show that agglomeration forces can reverse standard international-tax-competition results. Closer integration may … agglomeration forces create quasi-rents that can be taxed without inducing delocation. This suggests that the tax game is something … 'periphery' countries. Since agglomeration rents are a bell-shaped function of the level of integration, the equilibrium tax gap …
Persistent link: https://www.econbiz.de/10012469418
making agglomeration more important. We argue that the Internet will produce more of the same forces for deagglomeration, but … offsetting and possibly stronger tendencies toward agglomeration. Increasingly the economy is dependent on the transmission of …
Persistent link: https://www.econbiz.de/10012470269
productivity and the other decreasing transportation costs, and in which agglomeration economies lead to persistence in urban …
Persistent link: https://www.econbiz.de/10012456530
This handbook chapter studies the theoretical micro-foundations of urban agglomeration economies. We distinguish three … precise characterisation of some of the main theoretical underpinnings of urban agglomeration economies, to discuss modelling … issues that arise when working with these tools, and to compare different sources of agglomeration economies in terms of the …
Persistent link: https://www.econbiz.de/10012468766
When economic activity is concentrated over space or over time, it is more efficient. Most production occurs in geographic hot spots, and most production occurs between 9 and 12 in the morning and 1 to 5 in the afternoon on weekdays. The thick-market efficiencies that encourage the concentration...
Persistent link: https://www.econbiz.de/10012475900
This review discusses frontier topics in economic geography as they relate to firms and agglomeration economies. We … the vast scope for enhancements of our picture of agglomeration with the new data that are emerging …
Persistent link: https://www.econbiz.de/10012457216
This paper studies the sources of agglomeration economies in cities. We begin by introducing a simple dynamic spatial … large, though there can be exceptions. Thus, dynamic agglomeration appears to be driven by cross-industry effects. Once we … control for these cross-industry agglomeration effects, we find a strong negative relationship between city size and city …
Persistent link: https://www.econbiz.de/10012457938
Historically, urban growth required enough development to grow and transport significant agricultural surpluses or a government effective enough to build an empire. But there has been an explosion of poor mega-cities over the last thirty years. A simple urban model illustrates that in closed...
Persistent link: https://www.econbiz.de/10012458918
This paper develops and estimates a spatial general equilibrium job search model to study the effects of local and universal (federal) minimum wage policies on employment, wages, job postings, vacancies, migration/commuting, and welfare. In the model, workers, who differ in terms of location and...
Persistent link: https://www.econbiz.de/10013462716
This paper characterizes the allocations that emerge in general equilibrium economies populated by households with preferences of the additive random utility type that make discrete consumption, employment or spatial decisions. We start with a complete markets economy where households can trade...
Persistent link: https://www.econbiz.de/10014486227