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and wages move in the same direction under neo-classical assumptions, agglomeration economies in production, congestion in … congestion in production or the agglomeration in consumption models. The micro-economics of such consumption … thus suggest that consumption-oriented agglomeration and congestion should receive more attention in the future. …
Persistent link: https://www.econbiz.de/10010268665
Urbanization economies - the effects on productivity and utility created endogenously by larger cities - are a fundamental component of both the economic geography of modern societies and the perpetuation of innovation and economic growth at a national level. Cities account for vast majorities...
Persistent link: https://www.econbiz.de/10010269597
self-fulfilling expectations and congestion effects. For large scale agglomerations, congestion effects may be the most …
Persistent link: https://www.econbiz.de/10010275288
interactions. In particular, we prove uniqueness in the case of congestion effects and use a series of simulations to demonstrate …
Persistent link: https://www.econbiz.de/10010369153
interest in measuring the size and scope of local spillovers (i.e., simple anonymous agglomeration or congestion effects, or …
Persistent link: https://www.econbiz.de/10010369170
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interactions. In particular, we prove uniqueness in the case of congestion effects and use a series of simulations to demonstrate …
Persistent link: https://www.econbiz.de/10011608986
interest in measuring the size and scope of local spillovers (i.e., simple anonymous agglomeration or congestion effects, or …
Persistent link: https://www.econbiz.de/10011609306