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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
dynamic panel-data estimation equation. We implement the approach using detailed new data describing the industry composition …
Persistent link: https://www.econbiz.de/10012457938
There is a strong connection between per worker productivity and metropolitan area population, which is commonly interpreted as evidence for the existence of agglomeration economies. This correlation is particularly strong in cities with higher levels of skill and virtually non-existent in less...
Persistent link: https://www.econbiz.de/10012463547
The degree of geographic concentration of individual manufacturing industries in the U.S. has declined only slightly in the last twenty years. At the same time, new plant births, plant expansions, contractions and closures have shifted large quantities of employment across plants, firms, and...
Persistent link: https://www.econbiz.de/10012472542
. We extend this framework by modeling the allocation of tasks to factors and allowing richer forms of technological … changes in particular, automation that displaces workers from tasks they used to perform, and the creation of new tasks that … reinstate workers into the production process. We show that factor prices depend on the set of tasks that factors perform, and …
Persistent link: https://www.econbiz.de/10012479205
The Occupational Requirements Survey (ORS) is a new survey at the Bureau of Labor Statistics which collects data on the educational, cognitive, and physical requirements of jobs, as well as the environmental conditions in which the work is performed. Using pre-production data, we provide...
Persistent link: https://www.econbiz.de/10012456457
We perform a quantitative analysis of observed changes in U.S. between-group inequality between 1984 and 2003. We use an assignment framework with many labor groups, equipment types, and occupations in which changes in inequality are caused by changes in workforce composition, occupation demand,...
Persistent link: https://www.econbiz.de/10012457811
abstract tasks, and substitutes for unskilled workers in performing routine tasks. Taken together, our findings have important …
Persistent link: https://www.econbiz.de/10012457840
This paper combines representative worker-level data that cover time-varying job-level task characteristics of an economy over a long time span with sector-level bilateral trade data for merchandize and services. We carefully create longitudinally consistent workplace characteristics from the...
Persistent link: https://www.econbiz.de/10012457927