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places within countries needs to consider population, income and housing prices simultaneously. Housing supply elasticity … existence of agglomeration economies, which exist when productivity rises with density, but estimating the magnitude of those …, national income accounts, public economics and housing prices …
Persistent link: https://www.econbiz.de/10012463841
This paper proposes a simple theory of a system of cities that decomposes the determinants of the city size distribution into three main components: efficiency, amenities, and frictions. Higher efficiency and better amenities lead to larger cities, but also to greater frictions through...
Persistent link: https://www.econbiz.de/10012462042
This handbook chapter studies the theoretical micro-foundations of urban agglomeration economies. We distinguish three types of micro-foundations, based on sharing, matching, and learning mechanisms. For each of these three categories, we develop one or more core models in detail and discuss the...
Persistent link: https://www.econbiz.de/10012468766
Are the well-known facts about urbanization in the United States also true for the developing world? We compare American metropolitan areas with comparable geographic units in Brazil, China and India. Both Gibrat's Law and Zipf's Law seem to hold as well in Brazil as in the U.S., but China and...
Persistent link: https://www.econbiz.de/10012456671
metropolitan areas where income is higher away from the city center. We consider four different explanations for why city centers …
Persistent link: https://www.econbiz.de/10012460744
productivity sort across city sizes and select into exporting. The model allows us to study the geographic implications of trade … raises not only the aggregate productivity of the economy but also its aggregate export intensity, by allowing more firms to …
Persistent link: https://www.econbiz.de/10012482527
areas the paper estimates a city productivity relationship, based on city GDP numbers for 1990-97. The effects of access …, educational attainment, FDI, and public infrastructure on productivity are estimated. Worker productivity is shown to be an …
Persistent link: https://www.econbiz.de/10012470008
offers no direct evidence of how productivity gains from agglomeration compare with higher costs of production. This paper … aims to shed light on the balance between local productivity and local costs in science. Using a novel dataset, we estimate … scientists in each area. We then compare these costs with estimates of the corresponding productivity benefits of more scientist …
Persistent link: https://www.econbiz.de/10013388771
median city. Third, controlling for city fixed effects, population, and personal income, large city governments shrunk by 15 … of city revenues is more sensitive to income. These sensitivities lead smaller, poorer cities' expenses to grow faster …
Persistent link: https://www.econbiz.de/10012533354
We present hedonic general-equilibrium estimates of quality-of-life and productivity differences across Canada …
Persistent link: https://www.econbiz.de/10012460557