Showing 1 - 10 of 208
effects on home and job location, on land use, and on agglomeration benefits are hard to pin down. We develop a spatial …
Persistent link: https://www.econbiz.de/10010886147
and city population. This paper embeds a “black box” agglomeration economy within a more neoclassical general equilibrium … and wages move in the same direction under neo-classical assumptions, agglomeration economies in production, congestion in … variables, although some of these effects are ambiguous in the production agglomeration model. If natural advantage and housing …
Persistent link: https://www.econbiz.de/10005822201
Urbanization economies – the effects on productivity and utility created endogenously by larger cities – are a fundamental component of both the economic geography of modern societies and the perpetuation of innovation and economic growth at a national level. Cities account for vast...
Persistent link: https://www.econbiz.de/10008469719
It is widely believed that unaffordable housing could drive businesses away and thus impede job growth. However, there is little evidence to support this view. This paper presents a simple model to clarify how housing affordability is linked to employment growth and why unaffordable housing...
Persistent link: https://www.econbiz.de/10010884184
long-run real income convergence and derive 67 comparable effect sizes. The precision-weighted estimate of beta convergence … is more consistent with endogenous self-reinforcing growth than with neoclassical convergence. Introducing a net … migration variable in a growth regression increases the estimate of beta convergence slightly. Studies that use panel models or …
Persistent link: https://www.econbiz.de/10008527330
This paper analyzes convergence in per capita gross regional product of Russia's regions during the period 1995 …-2010, when regional data are available. Using a panel regression framework we find no evidence for beta-convergence. Instead we … find divergence, which is, however, attenuated over time. Robustness checks that use regional real income instead of gross …
Persistent link: https://www.econbiz.de/10010695863
We establish that domestically owned firms in two alternative models of emerging market economies, the Czech Republic and Russia, have not been converging to the technological frontier set by foreign owned firms. In both countries, the distance of domestic firms to the frontier grew (in all...
Persistent link: https://www.econbiz.de/10005762398
to study the changes in the within country distribution of management quality associated with country convergence to the … those of its close competitors. Part of the process of convergence to the frontier across the development process represents … that lag the frontier benchmark. Among potential explanatory variables that may drive convergence, ownership and human …
Persistent link: https://www.econbiz.de/10010790511
We use disaggregated data on Chilean plants, and the Chilean input-output table to examine the impact of agglomeration … downstream customers also has no effect. Agglomeration effects are stronger for small than for large plants. …
Persistent link: https://www.econbiz.de/10005822285
economic growth. The theory thus contributes to the understanding of the advent of divergence and overtaking in the process of …
Persistent link: https://www.econbiz.de/10009646291