Showing 1 - 10 of 514
presence of demand externalities that arise from spatial agglomeration as a possible explanation, but empirically identifying … this type of spillovers has proven difficult. We test for the presence of agglomeration spillovers in Milan's restaurant … after the reform. Consistent with the existence of significant agglomeration externalities, we find that after 2005, the …
Persistent link: https://www.econbiz.de/10012814438
Modern metropolitan areas involve large concentrations of economic activity and the transport of millions of people each day between their residence and workplace. We use the revolution in transport technology from the invention of steam railways, newly-constructed spatially-disaggregated data...
Persistent link: https://www.econbiz.de/10012480700
The distribution of the population of cities has attracted a great deal of attention, in part because it sharply constrains models of local growth. However, to this day, there is no consensus on the distribution below the very upper tail, because available data need to rely on the "legal" rather...
Persistent link: https://www.econbiz.de/10012463240
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/10012465834
The severity of the Great Depression in the United States varied by region. Most notably compared with the rest of the country, the South Atlantic states experienced a milder contraction while the Mountain states suffered more severely. The impact of the contraction was more" uniform across...
Persistent link: https://www.econbiz.de/10012472525
This paper estimates the elasticity of substitution between capital and skill using variation across U.S. counties in immigration-induced skill mix changes between 1860 and 1930. We find that capital began as a q-complement for skilled and unskilled workers, and then dramatically increased its...
Persistent link: https://www.econbiz.de/10012457233
We use data from the Annual Survey of Manufactures to study the characteristics and geography of investments in robots across U.S. manufacturing establishments. We find that robotics adoption and robot intensity (the number of robots per employee) is much more strongly related to establishment...
Persistent link: https://www.econbiz.de/10014247984
We show that the COVID-19 pandemic brought house price and rent declines in city centers, and price and rent increases away from the center, thereby flattening the bid-rent curve in most U.S. metropolitan areas. Across MSAs, the flattening of the bid-rent curve is larger when working from home...
Persistent link: https://www.econbiz.de/10012510553
What explains record U.S. house price growth since late 2019? We show that the shift to remote work explains over one half of the 23.8 percent national house price increase over this period. Using variation in remote work exposure across U.S. metropolitan areas we estimate that an additional...
Persistent link: https://www.econbiz.de/10013210069
We develop a new dartboard methodology to delineate urban areas using detailed information about building location, which we implement using a map of all buildings in France. For each pixel, our approach compares actual building density after smoothing to counterfactual smoothed building density...
Persistent link: https://www.econbiz.de/10012480425