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The standard revealed-preference estimate of a city's quality of life is proportional to that city's cost-of-living relative to its wage-level. Adjusting estimates to account for federal taxes, non-housing costs, and non-labor income produces more plausible quality-of-life estimates than in the...
Persistent link: https://www.econbiz.de/10014213014
international trade and economic geography. We build a model with agglomeration economies where firms with heterogeneous … locate in larger cities and profit from agglomeration effects; (ii) conversely, while opening up to trade has complex overall …
Persistent link: https://www.econbiz.de/10014242716
The standard revealed-preference estimate of a city's quality of life is proportional to that city's cost-of-living relative to its wage-level. Adjusting estimates to account for federal taxes, non-housing costs, and non-labor income produces more plausible quality-of-life estimates than in the...
Persistent link: https://www.econbiz.de/10012753329
If one ranks cities by population, the rank of a city is inversely related to its size, a well-documented phenomenon known as Zipf's Law. Further, the growth rate of a city's population is uncorrelated with its size, another well-known characteristic known as Gibrat's Law. In this paper, I show...
Persistent link: https://www.econbiz.de/10013246297
Residential segregation by jurisdiction generates disparities in public services and education. The distinctive American pattern - in which blacks live in cities and whites in suburbs - was enhanced by a large black migration from the rural South. I show that whites responded to this black...
Persistent link: https://www.econbiz.de/10012759755
widely. In all four countries there is strong evidence of agglomeration economies and human capital externalities. The …
Persistent link: https://www.econbiz.de/10012998418
The path of income inequality in post-reform China has been widely interpreted as “China’s Kuznets curve.” We show that the Kuznets growth model of structural transformation in a dual economy, alongside population urbanization, has little explanatory power for our new series of inequality...
Persistent link: https://www.econbiz.de/10014358039
We propose a methodology for defining urban markets based on built-up land-cover classified from daytime satellite imagery. Compared to markets defined using minimum thresholds for nighttime light intensity, daytime imagery identify an order of magnitude more markets, capture more of India's...
Persistent link: https://www.econbiz.de/10012914732
claim in a system of cities with heterogeneous sites and either free mobility or local governments, where agglomeration …
Persistent link: https://www.econbiz.de/10012979359
Faster technological progress has long been considered a key potential benefit of agglomeration. Physical proximity to …
Persistent link: https://www.econbiz.de/10013029015