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the product market and from the spatial sorting of workers and firms as a source for regional variation in productivity … labor markets is associated with productivity gains for workers living in peripheral regions. In sum, our results suggest … that between one third and half of overall agglomeration externalities are rooted in increasing returns to scale in local …
Persistent link: https://www.econbiz.de/10010481344
We develop a quantitative framework in which income inequality arises endogenously in response to productivity shocks …
Persistent link: https://www.econbiz.de/10013443717
This paper develops a quantitative model of city structure to separate agglomeration forces, dispersion forces and … stochastic shocks to worker productivity, which yield a gravity equation for commuting ows. To empirically disentangle …
Persistent link: https://www.econbiz.de/10010340607
This paper analyzes a closed linear polycentric city with homogenous households who probabilistically select their workplace and residence locations. The study utilizes a continuous logit model to describe household location choices. In contrast to the classic urban model with deterministic...
Persistent link: https://www.econbiz.de/10010487339
The last century has witnessed dramatic changes in the world economy. The service (tertiary) sector, which at the beginning of the 20th century was of little importance relative to agriculture and manufacturing, has become the dominant sector today, accounting for 80% and more of value added in...
Persistent link: https://www.econbiz.de/10010482477
Governments are often willing to subsidize firms on the verge of bankruptcy. The main economic rationale behind these interventions is that a plant closure would not only harm the workers employed in that plant, but create a domino effect on the regional economy as a whole. Yet, little is still...
Persistent link: https://www.econbiz.de/10010483825
Persistent link: https://www.econbiz.de/10013328493
We assess the relevance of formal education on the productivity of the self-employed and distinguish between …
Persistent link: https://www.econbiz.de/10010344606