Showing 1 - 10 of 166
This Paper studies the theoretical micro-foundations of urban agglomeration economies. We distinguish three types of micro-foundations, based on sharing, matching, and learning mechanisms. For each of these three categories, we develop one or more core models in detail and discuss the literature...
Persistent link: https://www.econbiz.de/10005791489
This paper studies the long run development of U.S. counties and metro areas from 1800 to 2000. In earlier periods smaller counties converge whereas larger counties diverge. Over time, due to changes in the age composition of locations and net congestion, convergence dissipates and divergence...
Persistent link: https://www.econbiz.de/10011083478
municipality data for Brazil from 1970-2000. We show that the two central stylized features of population growth for cities …
Persistent link: https://www.econbiz.de/10005662061
This paper investigates the possibility of endogenous fluctuations in the international distribution of economic activities in the presence of increasing returns, monopolistic competition, trade and convex adjustment costs without allowing for any local productive externalities. Using a...
Persistent link: https://www.econbiz.de/10005504285
Peaks and troughs in the spatial distributions of population, employment and wealth are a universal phenomenon in search of a general theory. Such spatial imbalances have two possible explanations. In the first, uneven economic development can be seen as the result of the uneven distribution of...
Persistent link: https://www.econbiz.de/10005662148
This paper develops a quantitative model of internal city structure that features agglomeration and dispersion forces and an arbitrary number of heterogeneous city blocks. The model remains tractable and amenable to empirical analysis because of stochastic shocks to commuting decisions, which...
Persistent link: https://www.econbiz.de/10011083978
structure, from a configuration where cities specialize by sector and host integrated headquarters and production plants, to a … configuration where cities specialize by function, with headquarters from different sectors and business services clustered in a few … large cities and production plants from each sector clustered in smaller separate cities. …
Persistent link: https://www.econbiz.de/10005661784
mechanism behind the emergence of cities seen as centres for production and innovation, and is consistent with the episodes of …
Persistent link: https://www.econbiz.de/10005662416
Firms are more productive on average in larger cities. Two explanations have been offered: agglomeration economies … (larger cities promote interactions that increase productivity) and firm selection (larger cities toughen competition allowing … selection model and a standard model of agglomeration. Stronger selection in larger cities left-truncates the productivity …
Persistent link: https://www.econbiz.de/10005791878
fundamental fact: what matters for the ecological outcome of cities is the mix between the level of population density and the … higher population density makes cities more environmentally friendly. However, once we account for the fact that cities may … be either monocentric or polycentric as well as for the possible relocation of activities between cities, the …
Persistent link: https://www.econbiz.de/10008867493