Showing 1 - 10 of 47
When firms cluster in the same local labor market, they face a trade-off between the benefits of labor pooling (i.e., access to workers whose knowledge help reduce costs) and the costs of labor poaching (i.e., loss of some key workers to competition and the indirect effect of a higher wage bill...
Persistent link: https://www.econbiz.de/10010745267
This paper aims at assessing the role of market linkages in shaping the spatial distribution of earnings. Using a space-time panel data on Italian provinces, I structurally estimate a NEG model in order to both test the coherence of theory with data, as well as to give a measure of the extent of...
Persistent link: https://www.econbiz.de/10010745605
Few studies conceive of land as a productive factor but British land use policies may lower total factor productivity (TFP) in the retailing industry by (i) restricting the total availability of land for retail, thereby increasing space costs (ii) directly limiting store size and (iii)...
Persistent link: https://www.econbiz.de/10010746359
Since the early 1990s, there has been a renaissance in the study of regional growth, spurred by new models, methods and data. We survey a range of modelling traditions, and some formal approaches to the ’hard problem’ of regional economics, namely the joint consideration of agglomeration and...
Persistent link: https://www.econbiz.de/10010745338
This paper analyses patterns of production across 14 industries in 45 regions from 7 European countries since 1975. We estimate a structural equation derived directly from Heckscher- Ohlin theory that relates an industry’s share of a region’s GDP to factor endowments and relative prices....
Persistent link: https://www.econbiz.de/10010745649
We show in the framework of a new economic geography model that when labor is heterogenous and productivity depends on 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...
Persistent link: https://www.econbiz.de/10010745739
We show in the context of a new economic geography model that when labor is heterogenous trade liberalization may lead to industrial agglomeration and inter-regional trade. Labor heterogeneity gives local monopoly power to firms but also introduces variations in the quality of the job match....
Persistent link: https://www.econbiz.de/10010746150
benchmark measure by introducing a demand for trips beyond the urban boundary into the monocentric city model. The externality … arises from the increase in travel costs that expansion of the city imposes on its prior inhabitants. An empirical …
Persistent link: https://www.econbiz.de/10011125943
implementation of this policy requires coordination at the system level. A tax on city creation does not raise welfare if development … taxes are set decentrally by competitive urban developers, nor does correction of these taxes raise welfare if a tax on city … heterogeneous cities, we demonstrate that second-best land use policy consists of a tax on city creation and a subsidy (tax) on …
Persistent link: https://www.econbiz.de/10011126306
equilibrium framework. Preferences are modelled such that demand for housing units in the city is downward sloping, which yields a … more general setup than the extreme open and closed city cases. We shed light on the relative importance of general …
Persistent link: https://www.econbiz.de/10011126586