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This paper contributes to the empirical literature by providing a quantitative measurement of the influence of regional trade integration on productivity. For this purpose we address the link between trade and productivity thanks to knowledge spillovers in a multi-country model. The...
Persistent link: https://www.econbiz.de/10010366570
Persistent link: https://www.econbiz.de/10012582409
Quality of life differences across areas can be measured by differences in real wages where real wages are computed as nominal wages adjusted for the cost of living. Computing cost of living differences involves several important issues, including how housing prices should be measured. Previous...
Persistent link: https://www.econbiz.de/10010287640
Combining a spatial equilibrium model with a search-matching unemployment model, this paper analyzes the willingness to pay for regional amenities and the regional quality of life when wages, rents, and unemployment risk compensate for local amenities and disamenities. The results are compared...
Persistent link: https://www.econbiz.de/10010309283
In this paper, the economic value of the impacts of climate change is assessed for different Italian economic sectors and regions. Sectoral and regional impacts are then aggregated to provide a macroeconomic estimate of variations in GDP induced by climate change in the next decades. Autonomous...
Persistent link: https://www.econbiz.de/10010270923
Combining a spatial equilibrium model with a matching unemployment model, this paper analyzes the regional quality of life when wages, rents, and unemployment risk compensate for local amenities and disamenities. In particular, the paper shows for quasi-linear utility that the effects of any...
Persistent link: https://www.econbiz.de/10009533959
In models with heterogeneous firms trade integration has a positive impact on aggregate productivity through the selection of the best firms as import competition drives the least productive ones out of the market. To quantify the impact of firm selection on productivity, we calibrate and...
Persistent link: https://www.econbiz.de/10012731548
This paper models and estimates bilateral trade patterns of U.S. states in a CES framework and identifies the elasticity of substitution across goods, the elasticities of substitution across varieties of each good, and the good-specific elasticities of distance by using markup values obtained...
Persistent link: https://www.econbiz.de/10012756850
Recent research suggests multiple causes for the spatial variation of human capital observed both among and within cities. This paper studies the location choice of medical doctors in the same industry, specialty, and state, measuring a doctor's human capital through their medical school's rank....
Persistent link: https://www.econbiz.de/10012972586
Combining a spatial equilibrium model with a matching unemployment model, this paper analyzes the regional quality of life when wages, rents, and unemployment risk compensate for local amenities and disamenities. In particular, the paper shows for quasi-linear utility that the effects of any...
Persistent link: https://www.econbiz.de/10009487442