Showing 17,071 - 17,080 of 17,236
This paper presents a model in which growth and geographic agglomeration of economic activities are mutually self … reinforcing processes. Industrial agglomeration in one location spurs growth because it reduces the cost of innovation in that … location through a pecuniary externality due to transaction costs. Growth fosters agglomeration because as the sector at the …
Persistent link: https://www.econbiz.de/10005662416
the agglomeration of increasing returns activities. When workers migrate towards locations with more firms and higher real … wages, this intensifies agglomeration. When workers do not move across regions, further reductions in transport costs make …
Persistent link: https://www.econbiz.de/10005666674
cross-section OLS and dynamic panel GMM estimation. Agglomeration is measured alternatively through measures of urbanization … sets and variable definitions, we find evidence that supports the "Williamson hypothesis": agglomeration boosts GDP growth …
Persistent link: https://www.econbiz.de/10005666860
We study the impact of falling trade costs and falling national transport costs on the economic geography of countries involved in an integration process. Two regions between which labour is mobile form each country, but there is no international factor mobility. Commodities can be traded both...
Persistent link: https://www.econbiz.de/10005667127
is sufficiently small. In particular, when trade barriers are low enough, full agglomeration in the country with the …
Persistent link: https://www.econbiz.de/10005668409
mobile firms. Firms create jobs where they locate, but there is frictional unemployment. Two sorts of agglomeration effects …
Persistent link: https://www.econbiz.de/10005670285
There is a substantial empirical literature quantifying the positive relationship between city size and productivity. The paper draws out the implications of this productivity relationship for evaluations of urban transport improvements. A theoretical model is developed and used to derive a...
Persistent link: https://www.econbiz.de/10005670476
This paper argues that existing models of urban concentrations are incomplete unless grounded in the most fundamental aspect of proximity; face-to-face contact. Face-to-face contact has four main features; it is an efficient communication technology; it can help solve incentive problems; it can...
Persistent link: https://www.econbiz.de/10005670524
The striking geographical concentration of economic activities suggests that there are substantial benefits toagglomeration. However, the nature of those benefits remains unclear. In this paper we take advantage of a newdataset to quantify the role of one of the main contenders - the matching of...
Persistent link: https://www.econbiz.de/10005670635
In this paper we argue that the impact of external scale economies and diseconomies on city size is not nearly as clear-cut as it is tacitly believed in urban economics. Similarly, that city-size distortions are not caused by externalities alone. Noncovexity, which prevents establishing the...
Persistent link: https://www.econbiz.de/10005783636