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This paper focuses on two aspects being neglected in the analysis of agglomeration tendencies so far. First, it regards regional agglomeration patterns and secondly, the allocation of capital across industrial sectors. Indeed, the average relative concentration of capital turns out to be of a...
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The objective of this paper is to establish how urban structure, and in particular height of buildings, can act as a mechanism for agglomeration of firms' establishments. The causes of higher productivity in denser areas have received important attention in the urban economics literature. Input...
Persistent link: https://www.econbiz.de/10011478333
Social and territorial spaces around the world are undergoing economic restructuring due to globalization process that has led to the removal of restrictions on capital mobility and the factors of production, and therefore, flows of capital, goods, technology, and especially the expansion of...
Persistent link: https://www.econbiz.de/10011480011
This paper presents a simple, analytically solvable Chamberlinian agglomeration model. As in the canonical core-periphery (CP) model, two agglomerative forces are at work. However, the present model exhibits a "pitchfork bifurcation" rather than the "tomahawk bifurcation" of the CP model.
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"The shift in the labour force from agriculture to the manufacturing sector in India has not been a smooth process. Although the manufacturing sector has seen an increase in employment, the share of the manufacturing sector in total employment has not changed and rural areas are continuing to...
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The direct impact of local public goods on welfare is relatively easy to measure from land rents. However, the indirect effects on home and job location, on land use, and on agglomeration benefits are hard to pin down. We develop a spatial general equilibrium model for the valuation of these...
Persistent link: https://www.econbiz.de/10010390079
The direct impact of local public goods on welfare is relatively easy to measure from land rents. However, the indirect effects on home and job location, on land use, and on agglomeration benefits are hard to pin down. We develop a spatial general equilibrium model for the valuation of these...
Persistent link: https://www.econbiz.de/10010394598