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Thomas Friedman (2005, The World Is Flat: A Brief History of the Twenty-First Century. New York: Farrar, Straus, and Giroux) argues that the expansion of trade, the internationalization of firms, the galloping process of outsourcing and the possibility of networking are creating a ‘flat...
Persistent link: https://www.econbiz.de/10011071367
establishments would rather co-locate within wider distance-based clusters (agglomeration). This picture is consistent with different …
Persistent link: https://www.econbiz.de/10010884497
We document and then develop a model explaining and relating changes in firms'' organisation and in urban structure. Sharing of business services by headquarters and of sector-specific intermediates by production plants within a city reduces costs, while congestion increases with city size. A...
Persistent link: https://www.econbiz.de/10010744903
identify these agglomeration economies. To operationalize the index decomposition the paper proposes an empirical methodology …
Persistent link: https://www.econbiz.de/10011125978
agglomeration. However, the nature of those benefits remains unclear. In this paper we take advantage of a new dataset to quantify …
Persistent link: https://www.econbiz.de/10010745550
the agglomeration of increasing returns activities. When workers migrate towards locations with more firms and higher real … wages, this intensifies agglomeration. When instead workers do not move across regions, further reductions in transport …
Persistent link: https://www.econbiz.de/10010745635
the quality of the match between job and worker, trade liberalization may lead to industrial agglomeration and inter …-industry trade. The agglomeration force is the improvement in the quality of matches when firms recruit from a bigger pool of labor …. The forces against agglomeration are the existence of trade costs and monopoly power in the labor market. We show that …
Persistent link: https://www.econbiz.de/10010745739
While transport costs have fallen, the empirical evidence also points at rising total trade costs. In a model of industry location with endogenous transaction costs, we show how and under which conditions a decline in transport costs can lead to an increase in the total cost of trade.
Persistent link: https://www.econbiz.de/10010745746
agglomeration economies. This paper provides a microeconomically founded model of vertical city differentiation in which the latter … two mechanisms (`agglomeration' and `selection') operate simultaneously. Our model is both rich and tractable enough to …
Persistent link: https://www.econbiz.de/10010745770
hub- and-spoke arrangement favours location in the hub, with better reciprocal access induces agglomeration in the hub and …
Persistent link: https://www.econbiz.de/10010745864