Showing 1 - 10 of 198
This paper studies how firm heterogeneity in terms of productivity affects the balance between agglomeration and … endogenous markups. It shows that firm heterogeneity matters. However, whether it shifts the balance from agglomeration to … `evenness'. Accordingly, the role of firm heterogeneity in selection models of agglomeration can not be fully understood without …
Persistent link: https://www.econbiz.de/10011083916
This paper develops a quantitative model of internal city structure that features agglomeration and dispersion forces … estimate agglomeration and dispersion forces, we use data on thousands of city blocks in Berlin for 1936, 1986 and 2006 and … residential externalities. We show that the model with the estimated agglomeration parameters can account both qualitatively and …
Persistent link: https://www.econbiz.de/10011083978
This chapter surveys recent developments in agglomeration theory within a unifying framework. We highlight how … locational fundamentals, agglomeration economies, the spatial sorting of heterogeneous agents, and selection effects affect the …
Persistent link: https://www.econbiz.de/10011084057
The present paper focuses on sorting as a mechanism behind the well-established fact that there is a central region productivity premium. Using a model of heterogeneous firms that can move between regions, Baldwin and Okubo (2006) show how more productive firms sort themselves to the large core...
Persistent link: https://www.econbiz.de/10008784724
This paper compares two policies: trade cost reduction and firm relocation cost reduction using a three-country version of a heterogeneous-firms economic geography model, where the three countries have different market (population) size. We show how the effects of the two policies differ, in...
Persistent link: https://www.econbiz.de/10008784755
characteristics on industry location can be explained by a combination of sunk costs and agglomeration effects. …
Persistent link: https://www.econbiz.de/10011083262
We study how industry-level agglomeration economies affect government policy. Using administrative data on firm …
Persistent link: https://www.econbiz.de/10011272712
-integrated firms is a counter-example to the strong agglomeration effects found in the CP model. A symmetric equilibrium will always be … stable and hence agglomeration is prevented. The introduction of vertically-integrated firms that can separate the location … original CP model and thus lead to more agglomeration. Second, it also tends to decrease the parameter space in which full …
Persistent link: https://www.econbiz.de/10005789037
This Paper studies the theoretical micro-foundations of urban agglomeration economies. We distinguish three types of … characterization of some of the main theoretical underpinnings of urban agglomeration economies, to discuss modeling issues that arise … when working with these tools, and to compare different sources of agglomeration economies in terms of the aggregate urban …
Persistent link: https://www.econbiz.de/10005791489
agglomeration of economic activities. …
Persistent link: https://www.econbiz.de/10005791623