Larger cities typically give rise to two opposite effects: tougher competition among firms and higher production costs … cities host more firms setting lower prices whereas for sectors with intermediate land shares larger cities accommodate more …, making larger cities more attractive for residents via lower prices and broader product diversity …

cities and their size. However, while the various micro foundations of agglomeration externalities stress the importance of … Total Factor Productivity (TFP), the empirical evidence on agglomeration externalities rests on measures obtained using firm … suggests that the revenue productivity advantage of denser areas is mainly driven by higher prices charged rather than …

This study estimates the impact of excess precipitation (or the absence of rainfall) on productivity of agricultural … productivity. Overall, we find statistically significant declines in agricultural productivity that is associated with both floods …

tech cluster to form. Not only is the productivity of the final sector higher when intermediate firms cluster, but a tech …

productivity advantage fully eroded in the subsequent period. We explore the nature of local spillovers responsible for this …

within Japan, we find that the measures of sectoral productivity do not behave in the way suggested by the Balassa …

obstacles − such as steep land slopes and the presence of water bodies within Norwegian cities − as exogenous sources of …

model in which identical households with Cobb-Douglas preferences for housing and numeraire consumption choose an MSA in …

specialization. Second, we argue that Friedman pays insufficient attention to the spectacular growth of mega-cities in the developing … world. The world is not flat, and the developing world certainly is not. Still, mega-cities tend to become too big. Their …