Showing 1 - 10 of 31
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
and wages move in the same direction under neo-classical assumptions, agglomeration economies in production, congestion in … congestion in production or the agglomeration in consumption models. The micro-economics of such consumption … thus suggest that consumption-oriented agglomeration and congestion should receive more attention in the future. …
Persistent link: https://www.econbiz.de/10005822201
The existence of compensating differentials in Russian labor and housing markets is examined using data from the Russian Longitudinal Monitoring Survey (RLMS) augmented by city and regional-specific characteristics from other sources. While Russia is undergoing transition to a market economy, we...
Persistent link: https://www.econbiz.de/10005763711
competition models. The agglomeration rent which accrues to the mobile factor in the core region can be taxed. Moreover, a tax … addition to core-periphery equilibria, exhibits stable equilibria with partial agglomeration. We show that a tax differential … may arise as an equilibrium of the tax game even when there is only partial agglomeration and the mobile factor does not …
Persistent link: https://www.econbiz.de/10005763719
This paper presents a simple, analytically solvable Chamberlinian agglomeration model. As in the canonical core …
Persistent link: https://www.econbiz.de/10005566532
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with search frictions and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after imposition, the...
Persistent link: https://www.econbiz.de/10005703158
(agriculture). Our focus is mainly on the costs associated with congestion and pollution as well the impact of under-priced energy … indicative estimates of the external costs of energy subsidies, as manifested in congestion and pollution. Our estimates using …
Persistent link: https://www.econbiz.de/10011220719
This paper studies the social desirability of agglomeration and the efficiency arguments for policy intervention in a … stable equilibria with partial agglomeration of firms in addition to core-periphery equilibria for intermediate levels of … trade costs. Our central finding is that the market equilibrium is characterised by over-agglomeration for high trade costs …
Persistent link: https://www.econbiz.de/10005700894
There are large spatial disparities in unemployment durations across the 1,300 municipalities in the Ile-de-France region (Paris Greater Area). In order to characterize these imbalances, we estimate a proportional hazard model stratified by municipality on an exhaustive dataset of all...
Persistent link: https://www.econbiz.de/10005703274
also identify equilibria with partial agglomeration of firms. Finally, we show that the incentives to subsidy education …
Persistent link: https://www.econbiz.de/10005762199