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We present a theory of spatial development. Manufacturing and services firms located in a continuous geographic area … locations. The result is a spatial endogenous growth theory that can shed light on the link between the evolution of economic …
Persistent link: https://www.econbiz.de/10013311942
In this paper, we generalize the notion of Pareto-efficiency to make it applicable to environments with endogenous populations. Two efficiency concepts are proposed, P-efficiency and A-efficiency. The two concepts differ in how they treat people who are not born. We show how these concepts...
Persistent link: https://www.econbiz.de/10012783878
back into the evolution of average fertility across generations. Theory predicts that changes in the relationship between …
Persistent link: https://www.econbiz.de/10012964889
Despite being key to theories of economic growth and the demographic transition, evidence on how fertility responds to aggregate income change is mixed. We analyze economic growth and fertility change in the developing world over six decades, using data on 2.3 million women from 255 surveys in...
Persistent link: https://www.econbiz.de/10012966598
One of the economic benefits of immigration is that the diversity of the population is enhanced. Diversity, it is argued, enriches the environment in which individuals live and trade and may contribute to greater creativity. What does diversity mean? Do current immigration policies enhance...
Persistent link: https://www.econbiz.de/10013228729
Spatial connectivity of renewable resources induces a spatial externality in extraction. We explore the consequences of decentralized spatial property rights in the presence of spatial externalities. We generalize the notion of unitization - developed to enhance cooperative extraction of oil and...
Persistent link: https://www.econbiz.de/10013038597
magnify productivity. We show how our theory's predictions concerning a single core, aggregate to predictions over regional …
Persistent link: https://www.econbiz.de/10012976980
Recovery of causal relationships in data is an essential part of scholarly inquiry in the social sciences. This chapter discusses strategies that have been successfully used in urban and regional economics for recovering such causal relationships. Essential to any successful empirical inquiry is...
Persistent link: https://www.econbiz.de/10013046178
Geography shapes economic outcomes in a major way. This paper uses spatial empirical methods to detect and analyze trade patterns in a historical data set on Chinese rice prices. Our results suggest that spatial features were important for the expansion of interregional trade. Geography...
Persistent link: https://www.econbiz.de/10013220543
Recent models in economic geography suggest that there may be very large numbers of equilibrium spatial structures. Simulations suggest, however, that the structures that emerge are surprisingly orderly, and often seem approximately to follow simple rules about the spacing of urban sites. This...
Persistent link: https://www.econbiz.de/10013247411