Showing 161 - 170 of 455
Persistent link: https://www.econbiz.de/10008518388
We investigate the relationship between interstate highways and highway vehicle kilometers traveled (vkt) in US cities. We find that vkt increases proportionately to highways and identify three important sources for this extra vkt: an increase in driving by current residents; an increase in...
Persistent link: https://www.econbiz.de/10008528527
Does productivity increase with density? We revisit the issue using French wage and TFP data.To deal with the ‘endogenous quantity of labour’ bias (i.e., urban agglomeration is consequenceof high local productivity rather than a cause), we take an instrumental variable approach andintroduce...
Persistent link: https://www.econbiz.de/10005704033
Firms are more productive on average in larger cities. Two explanations have been offered: agglomeration economies (larger cities promote interactions that increase productivity) and firm selection (larger cities toughen competition allowing only the most productive to survive). To distinguish...
Persistent link: https://www.econbiz.de/10005704753
We estimate the effects of major roads and public transit on the growth of major cities in the US between 1980 and 2000. We find that a 10% increase in a city’s stock of roads causes about a 2% increase in its population and employment and a small decrease in its share of poor households over...
Persistent link: https://www.econbiz.de/10005704762
This paper develops microfoundations for the role that diversified cities play in fostering innovation. A simple model of process innovation is proposed, where firms learn about their ideal production process by making prototypes. We build around this a dynamic general-equilibrium model, and...
Persistent link: https://www.econbiz.de/10005704793
We study the impact of local taxation on the location and growth of firms. Our empiricalmethodology pairs establishments across jurisdictional boundaries to estimate the impact of taxation. Our approach improves on existing work as it corrects for unobserved establishment heterogeneity, for...
Persistent link: https://www.econbiz.de/10005704803
Persistent link: https://www.econbiz.de/10005124588
Persistent link: https://www.econbiz.de/10005135678
Spatial wage disparities can result from spatial differences in the skill composition of the workforce, in non-human endowments, and in local interactions. To distinguish between these explanations, we estimate a model of wage determination across local labour markets using a very large panel of...
Persistent link: https://www.econbiz.de/10005136477