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This article reconsiders the linear new economic geography model under heterogeneous agents developed by Tabuchi and Thisse (2002) by applying an analytical technique introduced by Ludema and Wooton (1999). Two problematic aspects are identified first, the bifurcation pattern for countries which...
Persistent link: https://www.econbiz.de/10005557814
-curve with unemployment, and inter-regional labour migration. The RHOMOLO model is parameterised by estimating the key structural … important channels of adjustment to macro-economic and policy shocks in the EU. In contrast, labour migration plays a secondary …
Persistent link: https://www.econbiz.de/10011169879
We model the behavior of rational forward-looking agents in a spatial economy. The economic geography structure is built on Fujita et al. (1999)'s racetrack economy. Workers choose optimally what to consume at each period, as well as which spatial itinerary to follow in the geographical space....
Persistent link: https://www.econbiz.de/10010636464
this class of models, payments to the unemployed in each country. The model is used to evaluate the impact of migration in … the enlarged EU, and would also be directly relevant for the NAFTA countries, under a range of possible migration … scenarios involving three types of workers: skilled, unskilled, and unemployed. Full migration is the only scenario in which the …
Persistent link: https://www.econbiz.de/10005650457
concentration over time. The results of our analysis suggest that the concentration of economic activity continues in Russia and … eastern regions of Russia. There are also sectorial peculiarities: population density and proximity to markets negatively … interregional divergence in Russia. The forces behind the agglomeration economy and regional disparities are market …
Persistent link: https://www.econbiz.de/10011504423
Russia and the rate of inter-regional divergence is rather high. The factors of the spatial concentration and the regional … disparities in Russia are population density, size and accessibility of markets, as well as the level of diversification. …
Persistent link: https://www.econbiz.de/10011685339
Migrant remittances are an increasingly important source of income for the transition economies. For many of these economies, remittances are the largest type of international financial inflow and are larger than either capital inflows or official development assistance. These remittance inflows...
Persistent link: https://www.econbiz.de/10010617983
the CIS is developed based upon a new set of financial data recently released by the Central Bank of Russia and …
Persistent link: https://www.econbiz.de/10005087082
As a result of the collapse of the Soviet Union, five million Russian and Russian-speaking people repatriated to Russia … after about ten years after the peak of migration wave. …
Persistent link: https://www.econbiz.de/10011586047
As a result of the collapse of the Soviet Union, five million Russian and Russian-speaking people repatriated to Russia … after about ten years after the peak of migration wave. …
Persistent link: https://www.econbiz.de/10011404246