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regions. On the one hand, diminishing returns to specialization in a location can result in a convergence effect: the growth … available data from the US Cluster Mapping Project to disentangle the impact of convergence at the region-industry level from … agglomeration within clusters. We find that, after controlling for the impact of convergence at the narrowest unit of analysis …
Persistent link: https://www.econbiz.de/10012460410
In this paper, I examine the relationship between increasing returns to scale and the geographic concentration of economic activity. Using data on U.S. counties, I estimate the structural parameters of the Krugman (1991) model of economic geography. The specification I use, which is derived from...
Persistent link: https://www.econbiz.de/10012472379
points) is identified. The theory predicts war to be more likely when resource and group concentration are high, and the …
Persistent link: https://www.econbiz.de/10012458535
Technological diffusion implies a form of 'conditional convergence' as lagging countries catch up with technological … leaders. We find strong evidence of technological diffusion but not full convergence; differences in total factor productivity …
Persistent link: https://www.econbiz.de/10012470002
This paper examines the optimal location-based redistribution policy and shows that adjustment for local price levels is occasionally optimal, but never for the reasons suggested by the popular press. First, the existence of a spatial equilibrium suggests that utility levels will be equalized...
Persistent link: https://www.econbiz.de/10012473250
We explore the impact of rising incomes at the top of the distribution on spatial sorting patterns within large U.S. cities. We develop and quantify a spatial model of a city with heterogeneous agents and non-homothetic preferences for neighborhoods with endogenous amenity quality. As the rich...
Persistent link: https://www.econbiz.de/10012480088
This paper presents a model where human capital differences - rather than technology differences - can explain several central phenomena in the world economy. The results follow from the educational choices of workers, who decide not just how long to train, but also how broadly. A "knowledge...
Persistent link: https://www.econbiz.de/10012464508
Whether the danger invoked is nuclear war or genetically modified foods, far more people in some countries than in others say they are afraid. Using data from six surveys, I show that the levels of reported fear of different dangers correlate strongly across both individuals and countries. I...
Persistent link: https://www.econbiz.de/10012461820
We use new theory and data to study how firms endogenously form production networks across regions and countries …
Persistent link: https://www.econbiz.de/10014226151
Several recent studies have examined the tendency of regions within a nation to exhibit long-term convergence in per … capita income levels. Barro and Sala-i-Martin (1991, 1992, 1995) have found a tendency towards convergence among the U … convergence among the provinces of China during the period 1952-1993. We find that real income convergence of provinces in China …
Persistent link: https://www.econbiz.de/10012473452