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The Global Spatial Distribution of Economic Activity : Nature, History, and the Role of Trade
Henderson, J. Vernon - 2016
productivity and the other decreasing transportation costs, and in which agglomeration economies lead to persistence in urban …
Persistent link: https://www.econbiz.de/10012994896
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Increasing Returns and Economic Geography
Krugman, Paul R. - 2021
This paper develops a two-region, two-sector general equilibriun model of location. The location of agricultural production is fixed, but ionopolistcally competitive manufacturing finns choose their location to maximize profits. If transportation costs are high, returns to scale weak, and the...
Persistent link: https://www.econbiz.de/10013311199
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Temporal Agglomeration
Hall, Robert E. - 2010
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
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Transportation Costs and the Spatial Organization of Economic Activity
Redding, Stephen J. - 2014
This paper surveys the theoretical and empirical literature on the relationship between the spatial distribution of economic activity and transportation costs. We develop a multi-region model of economic geography that we use to understand the general equilibrium implications of transportation...
Persistent link: https://www.econbiz.de/10013052110
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Heterogeneous Firms, Agglomeration and Economic Geography : Spatial Selection and Sorting
Baldwin, Richard E. - 2009
and policy analysis. A 'selection effect' means standard empirical measures overestimate agglomeration economies. A …
Persistent link: https://www.econbiz.de/10012767516
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Firm Sorting and Agglomeration
Gaubert, Cecile - 2018
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
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An Energy-Centric Theory of Agglomeration
Moreno-Cruz, Juan - 2016
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
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Scale Economies and the Geographic Concentration of Industry
Hanson, Gordon H. - 2021
In recent empirical literature on spatial agglomeration, many papers find evidence consistent with location …-specific externalities of some sort. Our willingness to accept evidence of agglomeration economies depends on how well key estimation … problems have been addressed. Three issues are particularly troublesome for identifying agglomeration effects: unobserved …
Persistent link: https://www.econbiz.de/10013226550
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Geography, Search Frictions and Endogenous Trade Costs
Brancaccio, Giulia - 2017
In this paper we study the role of the transportation sector in world trade. We build a spatial model that centers on the interaction of the market for (oceanic) transportation services and the market for world trade in goods. The model delivers equilibrium trade flows, as well as equilibrium...
Persistent link: https://www.econbiz.de/10012951874
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Distance, Skill Deepening and Development : Will Peripheral Countries Ever Get Rich?
Redding, Stephen J.; Schott, Peter K. - 2022
This paper models the relationship between countries' distance from global economic activity, endogenous investments in education, and economic development. Firms in remote locations pay greater trade costs on both exports and intermediate imports, reducing the amount of value added left to...
Persistent link: https://www.econbiz.de/10013323450