Showing 1 - 6 of 6
cities toughen competition, allowing only the most productive to survive) and agglomeration economies (larger cities promote … a generalised version of a tractable firm selection model and a standard model of agglomeration. Stronger selection in … larger cities left-truncates the productivity distribution whereas stronger agglomeration right-shifts and dilates the …
Persistent link: https://www.econbiz.de/10013107198
We develop a new methodology to estimate the elasticity of urban costs with respect to city population using French land price data. Our preferred estimate, which handles a number of estimation concerns, stands at 0.041. Our approach also yields a number of intermediate outputs of independent...
Persistent link: https://www.econbiz.de/10013096770
We propose a new nonparametric approach to estimate the production function for housing. Our estimation treats output as a latent variable and relies on the first-order condition for profit maximisation with respect to non-land inputs by competitive house builders. For parcels of a given size,...
Persistent link: https://www.econbiz.de/10012978173
This paper provides descriptive evidence about the distribution of wages and skills in denser and less dense employment areas in France. We confirm that on average, workers in denser areas are more skilled. There is also strong over-representation of workers with particularly high and low skills...
Persistent link: https://www.econbiz.de/10013107199
The world is replete with spatial frictions. Shipping goods across cities entails trade frictions. Commuting within cities causes urban frictions. How important are these frictions in shaping the spatial economy? We develop and quantify a novel framework to address this question at three...
Persistent link: https://www.econbiz.de/10013087411
We propose an integrated framework to discuss the empirical literature on the local determinants of agglomeration … developing economies. We finally provide a discussion of attempts to identify and quantify specific agglomeration mechanisms …
Persistent link: https://www.econbiz.de/10013046226