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and wages move in the same direction under neo-classical assumptions, agglomeration economies in production, congestion in … congestion in production or the agglomeration in consumption models. The micro-economics of such consumption … thus suggest that consumption-oriented agglomeration and congestion should receive more attention in the future. …
Persistent link: https://www.econbiz.de/10010268665
'agglomeration in a system of cities' in which both intra-city trade and inter-city trade are considered. Enriching both the … literature on integration/agglomeration and that on city size and formation, we show that: i) devolution results in over-agglomeration …
Persistent link: https://www.econbiz.de/10011324971
interactions. In particular, we prove uniqueness in the case of congestion effects and use a series of simulations to demonstrate … that a unique equilibrium is more likely to obtain (i) the smaller are any agglomeration effects, (ii) the larger are the …
Persistent link: https://www.econbiz.de/10010369153
interest in measuring the size and scope of local spillovers (i.e., simple anonymous agglomeration or congestion effects, or …
Persistent link: https://www.econbiz.de/10010369170
How does intranational factor mobility shape the welfare effects of a trade shock? I provide evidence that during WWI, a demand shock emanated from belligerent countries and affected neutral Spain. Within Spain, labor predominantly reallocated locally, while the most affected provinces...
Persistent link: https://www.econbiz.de/10012653502
equal dispersion of industries, this paper explains why limits to industrial agglomeration can be observed in reality. It … self-fulfilling expectations and congestion effects. For large scale agglomerations, congestion effects may be the most …
Persistent link: https://www.econbiz.de/10010275288
We develop a model of an economy with several regions, which differ in scale. Within each region, workers have to search for a job-type that matches their skill. They face a trade-off between match quality and the cost of extended search. This trade-off differs between regions, because search is...
Persistent link: https://www.econbiz.de/10010325015
This paper examines the role of regional aggregation in measuring agglomeration externalities. Using Dutch … agglomeration externalities at a higher spatial scale. We quantify subgroup differentials and find that high-educated workers have … agglomeration externalities twice as high as low-educated workers. We show that workers who lose their job in denser LLMs experience …
Persistent link: https://www.econbiz.de/10012179958
growth in German cities from 2003 to 2007. Although, from a theoretical perspective, agglomeration economies are supposed to … known about agglomeration economies in Germany, where interregional support policy and the characteristics of the federal …
Persistent link: https://www.econbiz.de/10010271397
agglomeration externalities. We extend this model by introducing a traffic congestion externality. We show that congestion induces a … interplay between these externalities is then demonstrated, as reduced congestion leads to commercial concentration and … agglomeration gains. …
Persistent link: https://www.econbiz.de/10010326339