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larger cities left-truncates the productivity distribution whereas stronger agglomeration right-shifts and dilates the … cities toughen competition, allowing only the most productive to survive) and agglomeration economies (larger cities promote … interactions that increase productivity), possibly reinforced by localised natural advantage. To distinguish between them, we nest …
Persistent link: https://www.econbiz.de/10010282439
We use disaggregated data on Chilean plants, and the Chilean input-output table to examine the impact of agglomeration … spillovers on total factor productivity (TFP). In common with previous studies, we find evidence of intra-industry spillovers … relations into account. We find important productivity spillover effects from plants in upstream industries. Interestingly, a …
Persistent link: https://www.econbiz.de/10010268123
Urbanization economies - the effects on productivity and utility created endogenously by larger cities - are a …. Krupka (2008) presents a general model in which exogenous variation in local productivity (natural advantage) and development …/resident happiness and/or reducing productivity of employers. …
Persistent link: https://www.econbiz.de/10010269597
The risk of default that business firms face is very significant and differs widely across countries. This paper explores the links between countries' business conditions and international trade embedment and the default risk at the country level from a theoretical point of view. Our main...
Persistent link: https://www.econbiz.de/10010278811
face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …
Persistent link: https://www.econbiz.de/10010271260
This paper combines different strands of the productivity literature to investigate the effect of idiosyncratic (firm …-country differences in key economic outcomes, such as productivity or output per capita, to differences in policies and institutions that … determinants of productivity at the firm-level and the evolution of the distribution of productivity across firms within each …
Persistent link: https://www.econbiz.de/10010271801
competition models. The agglomeration rent which accrues to the mobile factor in the core region can be taxed. Moreover, a tax … addition to core-periphery equilibria, exhibits stable equilibria with partial agglomeration. We show that a tax differential … may arise as an equilibrium of the tax game even when there is only partial agglomeration and the mobile factor does not …
Persistent link: https://www.econbiz.de/10010261800
and city population. This paper embeds a black box agglomeration economy within a more neoclassical general equilibrium … and wages move in the same direction under neo-classical assumptions, agglomeration economies in production, congestion in … variables, although some of these effects are ambiguous in the production agglomeration model. If natural advantage and housing …
Persistent link: https://www.econbiz.de/10010268665
received no attention in the new trade theory and the new economic geography. We set up a simple monopolistic competition model … into account. Our analysis furthermore implies that market-size based agglomeration forces are too weak to overcome the … a low elasticity of substitution) is very strong. This suggests that further agglomeration forces have to be invoked to …
Persistent link: https://www.econbiz.de/10010268704
In this paper we survey the recent developments in two empirical literatures at the crossroads of labor and urban economics: Studies about localized human capital externalities (HCE) and about the urban wage premium (UWP). After surveying the methods and main results of each of these two...
Persistent link: https://www.econbiz.de/10010268714