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A policy is proposed designed to reduce the costs of fighting the COVID-19 pandemic dangers. Functional Overlapping Competing Jurisdictions (FOCJ) help us to better deal with future pandemics differentially affecting geographical areas. They focus on the area in which the dangers arise rather...
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A new general-equilibrium model that links together rural-to-urban migration, the externality effect of the average level of human capital, and agglomeration economies shows that in developing countries, unrestricted rural-to-urban migration reduces the average income of both rural and urban...
Persistent link: https://www.econbiz.de/10003737727
A new general-equilibrium model that links together rural-to-urban migration, the externality effect of the average level of human capital, and agglomeration economies shows that in developing countries, unrestricted rural-to-urban migration reduces the average income of both rural and urban...
Persistent link: https://www.econbiz.de/10003780685
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We study a developing countries setting in which agglomeration efficiency of urban production attracts rural-to-urban migration, whereas urban pollution deters rural-to-urban migration. By means of a general equilibrium model we study the formation of policies aimed at striking a socially...
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When productivity is fostered by an individual's own human capital as well as by the economy-wide average level of human capital, individuals under-invest in human capital. A strictly positive probability of migration to a richer country raises both the level of human capital formed by...
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