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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/10012475900
This review discusses frontier topics in economic geography as they relate to firms and agglomeration economies. We focus on areas where empirical research is scarce but possible. We first outline a conceptual framework for city formation that allows us to contemplate what empiricists might...
Persistent link: https://www.econbiz.de/10012457216
This paper studies the sources of agglomeration economies in cities. We begin by introducing a simple dynamic spatial equilibrium model that incorporates spillovers within and across industries, as well as city-size effects. The model generates a dynamic panel-data estimation equation. We...
Persistent link: https://www.econbiz.de/10012457938
There is a strong connection between per worker productivity and metropolitan area population, which is commonly …
Persistent link: https://www.econbiz.de/10012463547
productivity sort across city sizes and select into exporting. The model allows us to study the geographic implications of trade … raises not only the aggregate productivity of the economy but also its aggregate export intensity, by allowing more firms to …
Persistent link: https://www.econbiz.de/10012482527
existence of agglomeration economies, which exist when productivity rises with density, but estimating the magnitude of those …
Persistent link: https://www.econbiz.de/10012463841
areas the paper estimates a city productivity relationship, based on city GDP numbers for 1990-97. The effects of access …, educational attainment, FDI, and public infrastructure on productivity are estimated. Worker productivity is shown to be an …
Persistent link: https://www.econbiz.de/10012470008
This paper proposes a simple theory of a system of cities that decomposes the determinants of the city size distribution into three main components: efficiency, amenities, and frictions. Higher efficiency and better amenities lead to larger cities, but also to greater frictions through...
Persistent link: https://www.econbiz.de/10012462042
offers no direct evidence of how productivity gains from agglomeration compare with higher costs of production. This paper … aims to shed light on the balance between local productivity and local costs in science. Using a novel dataset, we estimate … scientists in each area. We then compare these costs with estimates of the corresponding productivity benefits of more scientist …
Persistent link: https://www.econbiz.de/10013388771
This paper discusses the prevalence of Silicon Valley-style localizations of individual manufacturing industries in the United States. Several models in which firms choose locations by throwing darts at a map are used to test whether the degree of localization is greater than would be expected...
Persistent link: https://www.econbiz.de/10012474075