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places within countries needs to consider population, income and housing prices simultaneously. Housing supply elasticity … existence of agglomeration economies, which exist when productivity rises with density, but estimating the magnitude of those …, national income accounts, public economics and housing prices …
Persistent link: https://www.econbiz.de/10013223339
This paper proposes a simple theory of a system of cities that decomposes the determinants of the city size distribution into three main components: efficiency, amenities, and frictions. Higher efficiency and better amenities lead to larger cities, but also to greater frictions through...
Persistent link: https://www.econbiz.de/10013135055
This handbook chapter studies the theoretical micro-foundations of urban agglomeration economies. We distinguish three types of micro-foundations, based on sharing, matching, and learning mechanisms. For each of these three categories, we develop one or more core models in detail and discuss the...
Persistent link: https://www.econbiz.de/10013246357
Are the well-known facts about urbanization in the United States also true for the developing world? We compare American metropolitan areas with comparable geographic units in Brazil, China and India. Both Gibrat's Law and Zipf's Law seem to hold as well in Brazil as in the U.S., but China and...
Persistent link: https://www.econbiz.de/10012998418
metropolitan areas where income is higher away from the city center. We consider four different explanations for why city centers …
Persistent link: https://www.econbiz.de/10013037059
areas the paper estimates a city productivity relationship, based on city GDP numbers for 1990-97. The effects of access …, educational attainment, FDI, and public infrastructure on productivity are estimated. Worker productivity is shown to be an …
Persistent link: https://www.econbiz.de/10013232886
productivity sort across city sizes and select into exporting. The model allows us to study the geographic implications of trade … raises not only the aggregate productivity of the economy but also its aggregate export intensity, by allowing more firms to …
Persistent link: https://www.econbiz.de/10014242716
We present hedonic general-equilibrium estimates of quality-of-life and productivity differences across Canada …
Persistent link: https://www.econbiz.de/10013106079
localized spillover effects of the new parks on local incumbent firm productivity, the growth of retail activity close to the …
Persistent link: https://www.econbiz.de/10013019125
observe household income and other demographics for each neighborhood. Five major findings are reported. First, the start of …. Third, local income is the only potential demand shifter found that also had an economically and statistically significant … change around the time that local housing booms began. Contemporaneous local income growth is large enough to account for …
Persistent link: https://www.econbiz.de/10013037690