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The paper quantifies the impact of agglomeration economies on the clustering of German firms. Therefore, I use the 2006 Innobarometer survey, which focuses on cluster characteristics and activities of German firms, to empirically identify agglomeration economies derived from the New Economic...
Persistent link: https://www.econbiz.de/10010300170
This paper tests a geography and growth model using regional data for Europe, the US, and Japan. We set up a standard …
Persistent link: https://www.econbiz.de/10010295504
increasingly common practice in the social sciences. As illustrated by detailed Dutch data on firm-level productivity, employment …
Persistent link: https://www.econbiz.de/10010326334
within Japan, we find that the measures of sectoral productivity do not behave in the way suggested by the Balassa … prefectures. Furthermore, the intra-Japan Penn effect is driven essentially by prices of nontradables. The effect is also found …
Persistent link: https://www.econbiz.de/10010288476
productivity. The so called folk theorem of spatial economics states, that increasing returns to scale are essential for explaining … and distribution of per capita productivity are closely linked. Thus, the aim of this paper is, to introduce a spatial … regional growth model, which links first time knowledge spillover, agglomeration, distribution of per capita productivity and …
Persistent link: https://www.econbiz.de/10010294691
This article introduces a social planner version of a model central to the New Economic Geography for explicitly answering whether the symmetric equilibrium outcome of the decentralized market economy is socially desirable. We find that savings incentives are too weak, resulting in an...
Persistent link: https://www.econbiz.de/10010352572
This article investigates the effects of introducing demography into the New Economic Geography. We generalize the constructed capital approach, which relies on infinite individual planning horizons, by introducing mortality. The resulting overlapping generation framework with heterogeneous...
Persistent link: https://www.econbiz.de/10010352588
The core-periphery model by Krugman (1991) has two 'dramatic' implications: catastrophic agglomeration and locational hysteresis. We study this seminal model with CES instead of Cobb-Douglas upper tier preferences. This small generalization suffices to change these stark implications. For a wide...
Persistent link: https://www.econbiz.de/10010268763
. Knowledge spillovers, which are non constant over space, should influence the evolution of the region specific productivity. The … distribution of per capita productivity are closely linked. Thus, the aim of this paper is, to introduce a spatial regional growth … model, which links first time knowledge spillover, agglomeration, distribution of per capita productivity and the grasp of …
Persistent link: https://www.econbiz.de/10010270410
Regional labor markets are characterized by huge disparities of unemployment rates. Models of the New Economic Geography explain how disparities of regional goods markets endogenously arise but usually assume full employment. This paper discusses regional unemployment disparities by introducing...
Persistent link: https://www.econbiz.de/10010286392