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Integration, Agglomeration and Welfare
Pflüger, Michael; Südekum, Jens - 2004
This paper studies the social desirability of agglomeration and the efficiency arguments for policy intervention in a simple, analytically solvable ?new economic geography? model with two trade integrating regions. The location pattern emerging as market equilibrium is ?bubbleshaped?, i.e. it...
Persistent link: https://www.econbiz.de/10010262068
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Some evidence on the nature of urbanization economies
Krupka, Douglas J. - 2009
Urbanization economies - the effects on productivity and utility created endogenously by larger cities - are a fundamental component of both the economic geography of modern societies and the perpetuation of innovation and economic growth at a national level. Cities account for vast majorities...
Persistent link: https://www.econbiz.de/10010269597
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Integration, Agglomeration and Welfare
Pflüger, Michael; Südekum, Jens - Institute for the Study of Labor (IZA) - 2004
This paper studies the social desirability of agglomeration and the efficiency arguments for policy intervention in a simple, analytically solvable ‘new economic geography’ model with two trade integrating regions. The location pattern emerging as market equilibrium is “bubbleshaped”,...
Persistent link: https://www.econbiz.de/10005700894
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Trade as a wage disciplining device
Persyn, Damiaan - 2008
We estimate how trade openness affects the relationship between wages, labour productivity and foreign wages using sector-level time series for several EU member states. In some countries wages became less responsive to foreign wages as trade costs declined. We show this counter-intuitive result...
Persistent link: https://www.econbiz.de/10010269345
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Home Market Effect versus Multinationals
Toulemonde, Eric - Institute for the Study of Labor (IZA) - 2007
We develop a model with two asymmetric countries. Firms choose the number and the location of plants that they operate. The production of each firm increases when trade costs fall. The fall also induces multinationals to repatriate their production into a single country, which is likely to be...
Persistent link: https://www.econbiz.de/10005823000
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Home market effect versus multinationals
Toulemonde, Eric - 2007
We develop a model with two asymmetric countries. Firms choose the number and the location of plants that they operate. The production of each firm increases when trade costs fall. The fall also induces multinationals to repatriate their production into a single country, which is likely to be...
Persistent link: https://www.econbiz.de/10010269247
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Immigration Policy in Integrated National Economies
Bauer, Thomas K.; Zimmermann, Klaus F. - 2000
Migration is an unavoidable aspect of globalization. While full flexibility is politically unfeasible, the paper argues … for regulated openness. Migration in the age of globalization should be judged according to the labor market needs of the …
Persistent link: https://www.econbiz.de/10010262379
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Human Capital Investment and Globalization in Extortionary States
Andersson, Fredrik; Konrad, Kai A. - 2001
This paper considers education investment and public education subsidies in closed and open economies with an extortionary government. The extortionary government in a closed economy has incentives to subsidize education in order to overcome a hold-up problem of time consistent taxation, similar...
Persistent link: https://www.econbiz.de/10010262447
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Globalization and Human Capital Formation
Andersson, Fredrik; Konrad, Kai A. - 2001
This paper compares education investment in closed and open economies without government and with a benevolent government. The fact that the time consistency problem in taxation can make labor mobility beneficial even if governments are fully benevolent – which is known from other contexts –...
Persistent link: https://www.econbiz.de/10010262452
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Measurement of globalization and its variations among countries, regions and over time
Bhandari, Amit K.; Heshmati, Almas - 2005
The process of globalization is an international economic order which has led to the progressive integration of the … technological innovation also provides impetus to the progressive integration of the nations. The elements of globalization include … economic benefits, globalization also indicates the flow of ideas, norms, information and peoples. There is a large …
Persistent link: https://www.econbiz.de/10010267513