Showing 1 - 10 of 1,322
We study the effects of decrease in trade costs on the spatial distribution of industry in multi-regional economy, when a rise in the regional population of workers generates higher urban costs. We show that high and low trade costs imply the all regions involve positive share of the industrial...
Persistent link: https://www.econbiz.de/10005465373
We study the effects of a decrease in trade costs on the spatial distribution of industry in a multi-regional economy, when a rise in the regional population of workers generates higher urban costs. We show that high and low trade costs imply that all regions involve a positive share of the...
Persistent link: https://www.econbiz.de/10005065273
Asymptotic stability of equilibrium is often difficult to know when the number of variables exceeds four, since all eigenvalues of the Jacobian matrix are not analytically solvable. However, we obtain stability conditions for a general class of migration dynamics without computing eigenvalues....
Persistent link: https://www.econbiz.de/10014069122
Persistent link: https://www.econbiz.de/10001573372
In this paper, we estimated the net agglomeration economies both in production side and in consumption side using Japanese city data around 1990, when interregional net migration nearly ceased. We showed that doubling city size increases that nominal wage about 10% while it decreases the real...
Persistent link: https://www.econbiz.de/10005465277
We show that how spatial evolution is different between the two representative models of economic geography: Krugman (1991 JPE) and Ottaviano et al. (2002 IER). We analyze the impacts of falling transport costs on the spatial distribution of economic activities and welfare for three regions...
Persistent link: https://www.econbiz.de/10005465325
We consider an economic geography model of a new genre: all firms and workers are mobile and their agglomeration within a city generates rising urban costs through competition on a land market. When commuting costs are high (low), the industry tends to be agglomerated (dispersed). With two...
Persistent link: https://www.econbiz.de/10005465338
In this paper, we estimated the net agglomeration economies in the consumption side as well as the production side using Japanese city-based data of 1992, when interregional net migration nearly ceased. We showed that doubling city size increases the nominal wage by approximately 10% but...
Persistent link: https://www.econbiz.de/10005465343
This paper is motivated by the fact that, contrary to its importance in practice, the role of land for production has received no attention in the new trade theory and the new economic geography. We set up a simple monopolistic competition model and we show that, due to the factor proportions...
Persistent link: https://www.econbiz.de/10005467432
We propose location-then-variety competition for amulti-productandmulti-store oligopoly,in which the number of firms, the number of stores and their location, and the number of varieties are endogenously determined. We show that ascompared to price-then-variety competition, location-then-variety...
Persistent link: https://www.econbiz.de/10005467437