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key insight that emerges is that the interaction between agglomeration economies and comparative advantage involves a … comparative advantage in sectors governed by this force whilst the impact of agglomeration economies is enhanced by trade cost … small economies is not only shaped by the primitives that determine agglomeration economies and comparative advantage but …
Persistent link: https://www.econbiz.de/10011543995
likely to involve too much agglomeration compared to the former. …
Persistent link: https://www.econbiz.de/10005661828
We study the optimal and equilibrium size of cities in a city system model with environmental pollution. Pollution is related to city size through the effect of population on production, commuting, and housing consumption. With symmetric cities, if pollution is local or per capita pollution...
Persistent link: https://www.econbiz.de/10011555593
key insight that emerges is that the interaction between agglomeration economies and comparative advantage involves a … comparative advantage in sectors governed by this force whilst the impact of agglomeration economies is enhanced by trade cost … small economies is not only shaped by the primitives that determine agglomeration economies and comparative advantage but …
Persistent link: https://www.econbiz.de/10011559701
into account. Our analysis furthermore implies that market-size based agglomeration forces are too weak to overcome the … a low elasticity of substitution) is very strong. This suggests that further agglomeration forces have to be invoked to … explain the agglomeration of economic activity observed in the real world. …
Persistent link: https://www.econbiz.de/10005763486
We consider an economic geography model in which all firms and workers are mobile, but the agglomeration of firms and … agglomeration arises for low transport costs. We also show that firms supplying non-tradable consumer services are more agglomerated …
Persistent link: https://www.econbiz.de/10005792140
We study the optimal and equilibrium size of cities in a city system model with environmental pollution. Pollution is related to city size through the effect of population on production, commuting, and housing consumption. With symmetric cities, if pollution is local or per capita pollution...
Persistent link: https://www.econbiz.de/10011554401
The last century has witnessed dramatic changes in the world economy. The service (tertiary) sector, which at the beginning of the 20th century was of little importance relative to agriculture and manufacturing, has become the dominant sector today, accounting for 80% and more of value added in...
Persistent link: https://www.econbiz.de/10010482477
Economic Geography model, agglomeration occurs for economic reasons whereas voter stratification occurs due to political …
Persistent link: https://www.econbiz.de/10008876867
Economic Geography model, agglomeration occurs for economic reasons whereas voter stratification occurs due to political …
Persistent link: https://www.econbiz.de/10009372517