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Brown growth, green growth, and the efficiency of urbanization
Quaas, Martin F.; Smulders, Sjak - 2012
We analyze the efficiency of urbanization patterns in a stylized dynamic model of urban growth with three sectors of …'). If, however, production becomes cleaner over time ('green growth') the equilibrium urbanization path reaches the … efficient urbanization path after finite time without need of a coordinating mechanism. The results may be generalized to take …
Persistent link: https://www.econbiz.de/10010291550
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It's all in Marshall: the impact of external economies on regional dynamics
Audretsch, David B.; Falck, Oliver; Heblich, Stephan - 2007
Marshall's student Pigou noted: It's all in Marshall. From a static point of view, this seems rather bold in a constantly changing world. However, this statement becomes more plausible in a dynamic context, where principles are subject to change. Indeed, over time, Marshall's concept of external...
Persistent link: https://www.econbiz.de/10010264206
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Top Lights - Bright Cities and their Contribution to Economic Development
Bluhm, Richard; Krause, Melanie - 2018
The commonly-used satellite images of nighttime lights fail to capture the true brightness of most cities. We show that night lights are a reliable proxy for economic activity at the city level, provided they are first corrected for top-coding. We present a stylized model of urban luminosity and...
Persistent link: https://www.econbiz.de/10012018102
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Government-Directed Urban Growth, Firm Entry, and Industrial Land Prices in Chinese Cities
Brueckner, Jan K.; Liu, Wenhua; Xiao, Wei; Zhang, Junfu - 2023
We examine the effect of a large-scale administrative reorganization in China, where counties are annexed into cities to accommodate urban growth. We present a simple model to illustrate how this annexation may affect firm entry decisions and in turn land market outcomes. Using nationwide data...
Persistent link: https://www.econbiz.de/10014263917
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Trade Costs and Strategic Investment in Infrastructure in a Dynamic Global Economy with Symmetric Countries
Yanase, Akihiko; Van Long, Ngo - 2021
This paper develops a two-country model of intraindustry trade with trade costs, which can be reduced by public investment in an international infrastructure capital, the stock of which accumulates over time. Depending on the trade costs and international distribution of manufacturing firms,...
Persistent link: https://www.econbiz.de/10013314918
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The IOC's Midas Touch: Summer Olympics and City Growth
Nitsch, Volker; Wendland, Nicolai - 2013
Hosting a mega-event is a costly activity of short duration. Still, cities frequently compete to become host of all types of events. This paper examines the effect of staging the largest and most important sporting event in the world, the Summer Olympic Games, on the host city. Applying a...
Persistent link: https://www.econbiz.de/10010319384
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Roman Transport Network Connectivity and Economic Integration
Flueckiger, Matthias - 2019
We show that the creation of the first integrated pan-European transport network during Roman times influences economic integration over two millennia. Drawing on spatially highly disaggregated data on excavated Roman ceramics, we document that interregional trade was strongly influenced by...
Persistent link: https://www.econbiz.de/10012866077
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Urbanization, Productivity Differences and Spatial Frictions
Arcalean, Calin - 2019
We study decentralized and optimal urbanization in a simple multi-sector model of a rural-urban economy focusing on … relative to that chosen by a planner. In particular, optimal urbanization exceeds decentralized levels when productivity …
Persistent link: https://www.econbiz.de/10012871753
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Skilled Scalable Services: The New Urban Bias in Economic Growth
Eckert, Fabian; Ganapati, Sharat; Walsh, Conor - 2020
Since 1980, economic growth in the U.S. has been fastest in its largest cities. We show that a group of skill- and information-intensive service industries are responsible for all of this new urban bias in recent growth. We then propose a simple explanation centered around the interaction of...
Persistent link: https://www.econbiz.de/10012425611
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Government-Directed Urban Growth, Firm Entry, and Industrial Land Prices in Chinese Cities
Brueckner, Jan K.; Liu, Wenhua; Xiao, Wei; Zhang, Junfu - 2022
We examine the effect of a large-scale administrative reorganization in China, where counties are annexed into cities to accommodate urban growth. We present a simple model to illustrate how this annexation may affect firm entry decisions and in turn land market outcomes. Using nationwide data...
Persistent link: https://www.econbiz.de/10014290091