Showing 1 - 10 of 21
capital stock. After classifying the 17 Spanish regions into high and low unemployment groups using kernel and cluster …
Persistent link: https://www.econbiz.de/10008550520
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
Previous research suggests that the local stock of human capital creates positive externalities within local labor markets and plays an important role in regional economic development. However, there is still considerable uncertainty over what types of human capital are most important. Both...
Persistent link: https://www.econbiz.de/10010959536
cities toughen competition, allowing only the most productive to survive) and agglomeration economies (larger cities promote … a generalised version of a tractable firm selection model and a standard model of agglomeration. Stronger selection in … larger cities left-truncates the productivity distribution whereas stronger agglomeration right-shifts and dilates the …
Persistent link: https://www.econbiz.de/10011279326
Models of the new economic geography share a number of common conclusions, but also exhibit notable differences, in particular with respect to the shape of the location pattern and the efficiency of the market equilibrium. This reflects the fact that these models rely heavily on specific...
Persistent link: https://www.econbiz.de/10005233783
that industrial agglomeration improves the quality of the firm-worker matching process. Our method makes use of recent …
Persistent link: https://www.econbiz.de/10009325441
This paper provides a simple theory of geographical mobility which simultaneously explains people’s choice of residences in space and the location of industry. Residences are chosen on the basis of the utility which mobile households obtain across locations. The spatial pattern of industry is...
Persistent link: https://www.econbiz.de/10005762313
historically emerged as the core. The agglomeration rent which accrues to the mobile factor gives unions and governments in the …
Persistent link: https://www.econbiz.de/10005703558
In this paper we survey the recent developments in two empirical literatures at the crossroads of labor and urban economics: Studies about localized human capital externalities (HCE) and about the urban wage premium (UWP). After surveying the methods and main results of each of these two...
Persistent link: https://www.econbiz.de/10005703584
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