Showing 1 - 10 of 57
The paper develops a simple Solow-like growth model, with two independent geographical spaces, where migration is possible and it is stimulated by wage differences. The model assumes a congestion externality: high concentration of individual agents in one of the economic spaces implies losses in...
Persistent link: https://www.econbiz.de/10005416819
In this paper, we solve a Solow model in continuous time and space. We prove the existence of a solution to the problem and its convergence to a stationary solution. The simulations of various scenario in the last section of the paper illustrates the convergence issue.
Persistent link: https://www.econbiz.de/10005416880
Although economic historians consider technical change to be a significant factor explaining the evolution of the spatial organization of an economy, economic geography still fails to address this important issue. By developing a simple two-region general equilibrium model under monopolistic...
Persistent link: https://www.econbiz.de/10005416890
In a game where firms select locations, technological interactions through the exchange of intermediate goods bring about a multiplicity of locational equilibria and entail a pattern of agglomeration of the productive activity with the variation of transport costs that is opposite to the one...
Persistent link: https://www.econbiz.de/10005416931
This paper investigates the possible responses of housing returns to macroeconomic and global variables for four special municipalities in Taiwan (Taipei, New Taipei, Taichung and Kaohsiung) over the period 1991Q1 to 2010Q4. Two interesting results have been observed. First, the housing market...
Persistent link: https://www.econbiz.de/10010770410
The choice of the spatial scale of analysis is a problematic issue in applied research, particularly in the literature of regional economic growth. Nevertheless, it is evident that regional scientists have been slow at demonstrating the empirical implications of changes in spatial scale of...
Persistent link: https://www.econbiz.de/10010796125
Using official census data for the province of Istanbul, we identify the determinants of the support for the Justice and Development Party (AKP) which has been in power in Turkey since 2002. District-level socio-demographic indicators such as the gender gap in education and the mean age - which...
Persistent link: https://www.econbiz.de/10010835925
We analyze the impacts of capital market integration on the skill composition of labor, using a framework in which heterogeneous agents decide to invest in the acquisition of skills and where production exhibits increasing returns in the available skill range (i.e., capital-skill complementarity).
Persistent link: https://www.econbiz.de/10010835932
Basing on Scitovsky's (1954) definition of external economies and applying the method of Caballero and Lyons (1990) to macro data of Luxembourg services industry, we find significant agglomeration forces between financial intermediaries (downstream industry) on the one hand and business services...
Persistent link: https://www.econbiz.de/10010836014
In a game where firms select locations,technological interactions through the exchange of intermediate goods bring about a multiplicity of locational equilibria and entail a pattern of agglomeration of the productive activity with the variation of the transport costs that is opposite to the one...
Persistent link: https://www.econbiz.de/10010836046