Showing 1 - 10 of 6,331
When economic activity is concentrated over space or over time, it is more efficient. Most production occurs in geographic hot spots, and most production occurs between 9 and 12 in the morning and 1 to 5 in the afternoon on weekdays. The thick-market efficiencies that encourage the concentration...
Persistent link: https://www.econbiz.de/10012760155
and policy analysis. A 'selection effect' means standard empirical measures overestimate agglomeration economies. A …
Persistent link: https://www.econbiz.de/10012767516
designed to attract firms to particular regions (place-based policies). I first propose a theory of the distribution of … heterogeneous firms in a variety of sectors across cities. Aggregate TFP and welfare depend on the extent of agglomeration …
Persistent link: https://www.econbiz.de/10012922225
regions? Agglomeration economies and human capital spillovers suggest that such policies could enhance welfare. However, the … mere existence of agglomeration externalities does not indicate which places should be subsidized. Without a better … low-income, low-density places where agglomeration effects are likely to be weakest. Most large-scale place …
Persistent link: https://www.econbiz.de/10013233889
the presence of agglomeration economies in manufacturing. Because manufacturing paid higher wages than agriculture, this … national economy both directly through infrastructure improvements and indirectly through agglomeration economies. The model … benefits exceeding the program's costs. However, the program's indirect effects appear to have been limited: agglomeration …
Persistent link: https://www.econbiz.de/10013063298
This review discusses frontier topics in economic geography as they relate to firms and agglomeration economies. We … the vast scope for enhancements of our picture of agglomeration with the new data that are emerging …
Persistent link: https://www.econbiz.de/10013017508
This paper studies the sources of agglomeration economies in cities. We begin by introducing a simple dynamic spatial … large, though there can be exceptions. Thus, dynamic agglomeration appears to be driven by cross-industry effects. Once we … control for these cross-industry agglomeration effects, we find a strong negative relationship between city size and city …
Persistent link: https://www.econbiz.de/10013031569
This handbook chapter studies the theoretical micro-foundations of urban agglomeration economies. We distinguish three … precise characterisation of some of the main theoretical underpinnings of urban agglomeration economies, to discuss modelling … issues that arise when working with these tools, and to compare different sources of agglomeration economies in terms of the …
Persistent link: https://www.econbiz.de/10013246357
Following the rationale for regional redistribution programs described in the official documents of the European Union, this paper studies a very simple multi-country model built around two regions: a core and a periphery. Technological spill-overs link firms' productivity in each of the two...
Persistent link: https://www.econbiz.de/10013232713
This paper examines the effects of a zoning regulation on local redistribution in a multicommunity model. Each community chooses, by majority vote within the community, a property tax rate. The proceeds from this tax are then redistributed within the community on a per capita basis. Individuals...
Persistent link: https://www.econbiz.de/10013243441