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This paper examines strategic behavior of developers who, through offering different congested public-good packages and revenue/fiscal schemes, compete for residents who are differentiated by income. There is an endogenous determination of numbers and sizes of communities. Developers have an...
Persistent link: https://www.econbiz.de/10005833920
Persistent link: https://www.econbiz.de/10005833921
Persistent link: https://www.econbiz.de/10005833988
This paper uses data for eight manufacturing industries to test for and characterize dynamic production externalities in cities. The authors find evidence of both Marshall-Arrow-Romer (MAR) externalities, which are associated with past own industry employment concentration, and Jacobs...
Persistent link: https://www.econbiz.de/10005782546