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People spend a lot of time commuting and often find it a burden. According to economics, the burden of commuting is chosen when compensated either on the labor or on the housing market so that individuals? utility is equalized. However, in a direct test of this strong notion of equilibrium, we...
Persistent link: https://www.econbiz.de/10010262027
This paper presents an economic geography model to show the spatial effects of economic integration. While other authors mainly focused on the explanation of cumulative causation effects that lead to complete concentration or absolutely equal dispersion of industries, this paper explains why...
Persistent link: https://www.econbiz.de/10010275288
We address the question of competition within the location choices of firms. In a framework of agglomeration effects, both spatial and temporal dimensions of the firms' decisions are studied. We show that the competition consequences of preemptive move and optimal time of entry can interfere...
Persistent link: https://www.econbiz.de/10010397981
1993 and 2001. Somewhat contrary to theoretical expectations derived from the recent literature in location theory, we …
Persistent link: https://www.econbiz.de/10010295418
The first systematic research on Location Theory dates back to 1826. Quantitative approaches came much later. On the … Analysis, is composed of two methods: Ratio Analysis and Reference Point Theory and responds to the different conditions of …. The simulation used was limited in its applications. Clearly if this simulation has no practical consequences, it still …
Persistent link: https://www.econbiz.de/10014544513
This paper presents a simple framework in which the location and the growth rate of economic activities are endogenous and interact. We show that the nature of the equilibrium and of the relation between growth and location depends fundamentally on whether capital is assumed to be mobile (in...
Persistent link: https://www.econbiz.de/10010295582
This paper proposes the question whether or not traveling expenses to work should be deductible from the income tax base. In order to answer this question, a simple model of (im-) perfect household and worker mobility is employed. The focus of the analysis is on the efficient use of land and the...
Persistent link: https://www.econbiz.de/10010301345
Verschiedene Verbindungen zwischen lokalen Kapitaleinheiten können Komplementaritäten in den Standortentscheidungen begründen: Skalenerträge und Spillovereffekte, Input- Output-Beziehungen bei Transportkosten und EinkommenskreislaufefTekte. In einem stilisierten Modell wird ihr simultaner...
Persistent link: https://www.econbiz.de/10010332092
This paper analyses the effect on agglomeration tendencies of allowing firms to become multi-region firms in a standard model of trade and location. More specifically, we introduce horizontal and vertical multi-region firms into the core-periphery (CP) model developed by Krugman (1991). The...
Persistent link: https://www.econbiz.de/10010334844
In this paper, location choices are driven by households (both blacks and whites) consciously choosing to trade off proximity to neighbors of similar racial backgrounds for proximity to jobs. Because of coordination failures in the location choices, multiple urban equilibria emerge. There is a...
Persistent link: https://www.econbiz.de/10010261635