Showing 1 - 10 of 100
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
We analyze the first data set on consistently defined functional urban areas in Europe and compare the European to the US urban system. City sizes in Europe do not follow a power law: the largest cities are "too small" to follow Zipf's law.
Persistent link: https://www.econbiz.de/10011273185
this theoretical framework is the "churning" of industries across cities. Little is known so far about the determinants of … unsuccessful cities is strongly driven by the disappearance of old-fashioned and declining industries such as agriculture or mining …
Persistent link: https://www.econbiz.de/10005233878
In this paper we show that the double Pareto lognormal (DPLN) parameterization provides an excellent fit to the overall US city size distribution, regardless of whether "cities" are administratively defined Census places or economically defined area clusters. We then consider an economic model...
Persistent link: https://www.econbiz.de/10009649820
How much of the geographic clustering of economic activity is attributable to agglomeration spillovers as opposed to … attenuated, suggesting the presence of important agglomeration spillovers. Over a 50 year horizon, I estimate that at least one … removing control counties with environmental regulations. I also find small local agglomeration effects from smaller dam …
Persistent link: https://www.econbiz.de/10010757348
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...
Persistent link: https://www.econbiz.de/10010695863
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