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Persistent link: https://www.econbiz.de/10009736852
Modeling a micro-structure of agglomeration economies, this article derives a second-best benefit evaluation formula … for urban transportation improvements. Without explicitly modeling the sources of agglomeration economies, Venables (JTEP … monopolistic competition with differentiated products provides a micro-foundation of agglomeration economies. Introducing the rural …
Persistent link: https://www.econbiz.de/10011548147
This paper investigates the relation between agglomeration of economic activity and the pattern of specialization of … specialized in the differentiated good in which it has a comparative advantage. Agglomeration occurs not only in large markets … advantage drives specialization, while absolute advantage drives agglomeration. …
Persistent link: https://www.econbiz.de/10009623423
integration. The "new economic geography" world assumes mobile entrepreneurs which can relocate thus bringing agglomeration forces …
Persistent link: https://www.econbiz.de/10011438609
key insight that emerges is that the interaction between agglomeration economies and comparative advantage involves a … comparative advantage in sectors governed by this force whilst the impact of agglomeration economies is enhanced by trade cost … small economies is not only shaped by the primitives that determine agglomeration economies and comparative advantage but …
Persistent link: https://www.econbiz.de/10011543995
Spatial Policy'. From this perspective, both agglomeration and economic integration have to be reinterpreted on a wider …
Persistent link: https://www.econbiz.de/10014066531
predict migration flows for the period following the CEE’s integration with the EU. The main innovation of our approach is … that it endogenises both explanatory variables and the migration rate. The underlying structural parameters are estimated … econometrically using a migration equation, which is derived entirely from the theoretical NEG model. Our simulations show that even …
Persistent link: https://www.econbiz.de/10011513081
Economic integration affects economic development through two main channels: growth and localization of the economic activities. The theories of endogenous growth and economic geography enable us to understand these mechanisms. We study in this paper their similarities and specificities before...
Persistent link: https://www.econbiz.de/10010366571
, while the peripheral regions lose residents. -- Transport costs ; agglomeration ; urban systems … peripheren Städte Einwohner verlieren. -- Transportkosten ; Agglomeration ; Städtesysteme …
Persistent link: https://www.econbiz.de/10009127441
In this paper, we derive and estimate a New Economic Geography model for the Colombian departments.2 We first derive an econometric specification relating wages to a distance weighted sum of the volumes of economic activities of the surrounding locations. Them, we test our econometric...
Persistent link: https://www.econbiz.de/10013155975