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In this paper we want to shed some light on the empirical relevance of the new economic geography. Using one of the central features of the core new economic geography models, namely that wages have the tendency to fall the further one moves away from centres of economic activity, we investigate...
Persistent link: https://www.econbiz.de/10009780204
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
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/10003735116
Die ökonomischen Implikationen einer verstärkten Migration deutscher Unternehmen nach Osteuropa und Asien werden derzeit intensiv diskutiert. Wichtige wirtschaftliche Akteure sind KMU des verarbeitenden Gewerbes, die zum einen Elemente komplexer Wertschöpfungsketten bilden, zum anderen...
Persistent link: https://www.econbiz.de/10010265116
The New Economic Geography predicts a positive effect of market access on wages, as represented by the wage equation. Several studies provide empirical evidence in favor of the wage equation. However, a key problem is the endogeneity of market access: it is challenging to identify the causal...
Persistent link: https://www.econbiz.de/10010294377
In this paper we use the NEG framework of the Helpman model to investigate the spatial distribution of wages across German labour market regions under different assumptions. As the assumptions of equal regional price level and equal real wages are strongly rejected for the German economy,...
Persistent link: https://www.econbiz.de/10003865746
The New Economic Geography predicts a positive effect of market access on wages, as represented by the wage equation. Several studies provide empirical evidence in favor of the wage equation. However, a key problem is the endogeneity of market access: it is challenging to identify the causal...
Persistent link: https://www.econbiz.de/10009575133
This paper presents evidence that high speed rail systems, by bringing economic agents closer together, sustainably promote economic activity within regions that enjoy an increase in accessibility. Our results on the one hand confirm expectations that have led to huge public investments into...
Persistent link: https://www.econbiz.de/10011544752
The New Economic Geography predicts a positive effect of market access on wages, as represented by the wage equation. Several studies provide empirical evidence in favor of the wage equation. However, a key problem is the endogeneity of market access: it is challenging to identify the causal...
Persistent link: https://www.econbiz.de/10009613808
This paper is one of the first attempts to utilize the theoretical framework of the new economic geography for explaining agricultural land prices. We adopt a model proposed by Pflüger and Tabuchi (2010), which allows to consider land as a production factor. We derive a short-run equilibrium...
Persistent link: https://www.econbiz.de/10012018821