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In this paper we develop an analytically solvable and structurally estimable economic geography model and apply it to predict migration flows for the period following the CEE’s integration with the EU. The main innovation of our approach is that it endogenises both explanatory variables and...
Persistent link: https://www.econbiz.de/10011513081
competition models. The agglomeration rent which accrues to the mobile factor in the core region can be taxed. Moreover, a tax … addition to core-periphery equilibria, exhibits stable equilibria with partial agglomeration. We show that a tax differential … may arise as an equilibrium of the tax game even when there is only partial agglomeration and the mobile factor does not …
Persistent link: https://www.econbiz.de/10010261800
competition models. The agglomeration rent which accrues to the mobile factor in the core region can be taxed. Moreover, a tax … addition to the core-periphery equilibria, exhibits stable equilibria with partial agglomeration. We show that a tax … differential may arise as an equilibrium of the tax game even when there is only partial agglomeration and the mobile factor does …
Persistent link: https://www.econbiz.de/10010260682
agglomeration process, whereas the home market magnification effect [Krugman (Journal of Political Economy, 99, 483-499)] becomes …
Persistent link: https://www.econbiz.de/10013150463
The completion of transportation infrastructure frequently takes many years and occurs gradually. How does the gradual construction of transportation infrastructure affect the distribution of economic activity across the sites it serves? I examine the long-run effects of the timing of railroad...
Persistent link: https://www.econbiz.de/10013251883
Persistent link: https://www.econbiz.de/10003322154
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upon the firms' risk preferences. As a result regional agglomeration of investments may occur although the objective of the … ; regional policy ; agglomeration ; two-moment decision model …
Persistent link: https://www.econbiz.de/10009512741
Persistent link: https://www.econbiz.de/10013379742
The extent and direction of causation between micro volatility and business cycles are debated. We examine, empirically and theoretically, the source and effects of fluctuations in the dispersion of producer-level sales and production over the business cycle. On the theoretical side, we study...
Persistent link: https://www.econbiz.de/10013044944