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the agglomeration of increasing returns activities. When workers migrate towards locations with more firms and higher real … wages, this intensifies agglomeration. When instead workers do not move across regions, further reductions in transport …
Persistent link: https://www.econbiz.de/10010745635
the quality of the match between job and worker, trade liberalization may lead to industrial agglomeration and inter …-industry trade. The agglomeration force is the improvement in the quality of matches when firms recruit from a bigger pool of labor …. The forces against agglomeration are the existence of trade costs and monopoly power in the labor market. We show that …
Persistent link: https://www.econbiz.de/10010745739
agglomeration economies. This paper provides a microeconomically founded model of vertical city differentiation in which the latter … two mechanisms (`agglomeration' and `selection') operate simultaneously. Our model is both rich and tractable enough to …
Persistent link: https://www.econbiz.de/10010745770
hub- and-spoke arrangement favours location in the hub, with better reciprocal access induces agglomeration in the hub and …
Persistent link: https://www.econbiz.de/10010745864
to industrial agglomeration and inter-regional trade. Labor heterogeneity gives local monopoly power to firms but also … the local market, giving rise to an agglomeration force which can offset the forces against, trade costs and the erosion … of monopoly power. We derive analytically a robust agglomeration equilibrium and illustrate its properties with numerical …
Persistent link: https://www.econbiz.de/10010746150
Persistent link: https://www.econbiz.de/10010746386
sectors and regions creates a tendency for urban agglomeration. Demand from rural areas favours urban dispersion. European …
Persistent link: https://www.econbiz.de/10010746563
Thomas Friedman (2005, The World Is Flat: A Brief History of the Twenty-First Century. New York: Farrar, Straus, and Giroux) argues that the expansion of trade, the internationalization of firms, the galloping process of outsourcing and the possibility of networking are creating a ‘flat...
Persistent link: https://www.econbiz.de/10011071367
-time panel data on Italian provinces, I structurally estimate a NEG model in order to both test the coherence of theory with data …
Persistent link: https://www.econbiz.de/10010745605
This paper outlines a new approach for analysing the role of trade in promoting industrial development. It offers an explanation as to why firms are reluctant to move to economics with lower labour costs, and shows how trade liberalisation can change the incentives for firms to locate in...
Persistent link: https://www.econbiz.de/10010746698