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We develop a general equilibrium model with three primary production factors—land, skilled, and unskilled labor—and three sectors—construction, intermediate inputs, and final consumption—to study how different intensities of telecommuting affect the efficiency of firms that embrace home...
Persistent link: https://www.econbiz.de/10013250731
We develop a general equilibrium model with three primary production factors - land, skilled, and unskilled labor - and three sectors - construction, intermediate inputs, and final consumption - to study how different intensities of telecommuting affect the efficiency of firms that embrace home...
Persistent link: https://www.econbiz.de/10012417444
Quantitative spatial economics (QSE) specifies various components such as preferences, production technology, and frictions for the movement of goods, people, and ideas. Despite the long literature on endogenous location decisions, the question of how these specifications affect resulting...
Persistent link: https://www.econbiz.de/10012924334
the agglomeration of agents in size or mass. We investigate agglomeration in sorting or by type of worker, that implies … agglomeration in size when worker populations differ by type. This kind of agglomeration can be driven by asymmetric information in …
Persistent link: https://www.econbiz.de/10012942057
The aim of this article is twofold. First, we present an integrative framework that encompasses a large share of existing neg models. This framework allows us to discuss the fundamental assumptions and the key results that hold throughout a broad class of models. We argue that progress within...
Persistent link: https://www.econbiz.de/10014195908
Policy makers agree that vacant houses are undesirable. Moreover the existence of empty houses is used as an argument for allocating less land for new construction. So higher vacancy rates tend to trigger tighter restrictions on the supply of land. Such tighter restrictions lead to higher prices...
Persistent link: https://www.econbiz.de/10011476225
We construct a new dataset containing parcel sizes and building footprints of Canadian manufacturing plants and decompose industrial density (parcel size per worker) into: crowding (floorspace per worker); building height (floorspace to building footprint); and parcel coverage (building...
Persistent link: https://www.econbiz.de/10015156828
Persistent link: https://www.econbiz.de/10010222346
This chapter surveys recent developments in agglomeration theory within a unifying framework. We highlight how … locational fundamentals, agglomeration economies, the spatial sorting of heterogeneous agents, and selection effects affect the …
Persistent link: https://www.econbiz.de/10014025315
impediments in labor mobility between regions and firms. Overall, the agglomeration forces are fairly similar to those operating …
Persistent link: https://www.econbiz.de/10012924332