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In this paper we analyze the empirical developments concerning the estimation of the nominal wage equation proposed in the context of the New Economic Geography models. Results from the empirical works carried out for a sample of countries and for the European Union confirm the theoretical...
Persistent link: https://www.econbiz.de/10005243300
This paper presents an overview of recent development in the new economic geography (NEG), and discusses possible directions of its future development. Since there already exist several surveys on this topic, we focus on the selected features of the NEG which are important yet have attracted...
Persistent link: https://www.econbiz.de/10005385282
This paper studies how firm heterogeneity in terms of productivity affects the balance between agglomeration and … mark-ups. It shows that firm heterogeneity matters. However, whether it shifts the balance from agglomeration to dispersion … 'evenness'. Accordingly, the role of firm heterogeneity in selection models of agglomeration cannot be fully understood without …
Persistent link: https://www.econbiz.de/10009651300
This paper extends the Puga (1999) model by introducing urban frictions. It assumes that the agglomeration of … finding is that the extension significantly alters the agglomeration properties of the original Puga framework. In particular …, partial agglomeration becomes a stable long run outcome in both with and without migration. Furthermore, the level of …
Persistent link: https://www.econbiz.de/10010756759
This paper presents an overview of recent development in the new economic geography (NEG), and discusses possible directions of its future development. Since there already exist several surveys on this topic, we focus on the selected features of the NEG which are important yet have attracted...
Persistent link: https://www.econbiz.de/10005816505
heterogeneity smooths the agglomeration patterns but that it should be considered neither as a dispersion force nor as an … agglomeration force. Indeed, the introduction of taste heterogeneity makes an initially dispersed economy less dispersed and an …
Persistent link: https://www.econbiz.de/10005008443
This paper extends the Puga (1999) model by introducing urban frictions. It assumes that the agglomeration of … finding is that the extension significantly alters the agglomeration properties of the original Puga framework. In particular …, partial agglomeration becomes a stable long run outcome in both with and without migration. Furthermore, the level of …
Persistent link: https://www.econbiz.de/10005170029
Despite the increasing and newly inspired interests in geographical economics and industry location theory, the … contributes with a classification of first- and second-nature causes of agglomeration and clustering. This part will also …
Persistent link: https://www.econbiz.de/10005026937
asymmetric dispersion of workers rather than their symmetric dispersion or complete agglomeration in a specific region. …
Persistent link: https://www.econbiz.de/10010594985
This paper studies how firm heterogeneity in terms of productivity affects the balance between agglomeration and … endogenous markups. It shows that firm heterogeneity matters. However, whether it shifts the balance from agglomeration to … ‘evenness’. Accordingly, the role of firm heterogeneity in selection models of agglomeration can not be fully understood without …
Persistent link: https://www.econbiz.de/10010594987