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This paper investigates the urbanization of the Indian manufacturing sector by combining enterprise data from formal and informal sectors. We find that plants in the formal sector are moving away from urban and into rural locations, while the informal sector is moving from rural to urban...
Persistent link: https://www.econbiz.de/10011227923
This paper proposes a simple theory of a system of cities that decomposes the determinants of the city size …
Persistent link: https://www.econbiz.de/10008764667
What determines the distributions of skills, occupations, and industries across cities? We develop a theory to jointly …, their internal urban structures, and a high-dimensional theory of factor-driven comparative advantage. It predicts that … manufacturing industries. The results provide support for our theory's predictions. …
Persistent link: https://www.econbiz.de/10010950777
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/10005085227
We investigate the 30 year increase in the level and dispersion of house prices across U.S. metropolitan areas in a calibrated dynamic general equilibrium island model. The model is based on two main assumptions: households flow in and out metropolitan areas in response to local wage shocks, and...
Persistent link: https://www.econbiz.de/10005778399
We develop a versatile general equilibrium framework to determine the spatial distribution of economic activity on any surface with (nearly) any geography. Combining the gravity structure of trade with labor mobility, we provide conditions for the existence, uniqueness, and stability of a...
Persistent link: https://www.econbiz.de/10010821985
This paper uses detailed barcode data on purchase transactions by households in 49 U.S. cities to overcome a large number of problems that have plagued spatial price index measurement. We identify two important sources of bias. Heterogeneity bias arises from comparing different goods in...
Persistent link: https://www.econbiz.de/10009021953
We study the impact of intersectoral and interregional trade linkages in propagating disaggregated productivity changes to the rest of the economy. Using regional and industry data we obtain the aggregate, regional and sectoral elasticities of measured TFP, GDP, and employment to regional and...
Persistent link: https://www.econbiz.de/10011096580
well as the number and size of establishments in different sections of the metropolitan area. We then propose a theory of …
Persistent link: https://www.econbiz.de/10005084663
The theoretical framework of urban and regional economics is built on transportation costs for manufactured goods. But over the twentieth century, the costs of moving these goods have declined by over 90% in real terms, and there is little reason to doubt that this decline will continue....
Persistent link: https://www.econbiz.de/10005710251