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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
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
This paper proposes a simple theory of a system of cities that decomposes the determinants of the city size … larger cities, but also to greater frictions through congestion and other negative effects of agglomeration. Using data on …
Persistent link: https://www.econbiz.de/10013135055
interpreted as evidence for the existence of agglomeration economies. This correlation is particularly strong in cities with …
Persistent link: https://www.econbiz.de/10013158539
existence of agglomeration economies, which exist when productivity rises with density, but estimating the magnitude of those … in speeding the flow of ideas. Finally, urban economics has some insights to offer related topics such as growth theory …
Persistent link: https://www.econbiz.de/10013223339
agglomeration of economic activity within both rural industrial and urban areas, with resulting first order losses in GDP. For urban … calculates the large gains from increased agglomeration in both the rural industrial and urban sectors. It also examines the …
Persistent link: https://www.econbiz.de/10013232886
We examine how the spatial and social proximity of inventors affects knowledge flows, focusing especially on how the two forms of proximity interact. We develop a knowledge flow production function (KFPF) as a flexible tool for modeling access to knowledge and show that the optimal spatial...
Persistent link: https://www.econbiz.de/10012754047
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