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This paper shows that the mathematical structure of the most widely used New Economic Geography models is identical, irrespective of the underlying agglomeration mechanism assumed (factor migration, input-output linkages, endogenous capital accumulation). This enables us to provide analytical...
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In this paper we want to shed some light on the empirical relevance of the new economic geography. Using one of the central features of the core new economic geography models, namely that wages have the tendency to fall the further one moves away from centres of economic activity, we investigate...
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Die wichtigste Frage der Raumwirtschaftstheorie lautet: Welches sind die Ursachen für die Entstehung, den Bestand und die Wandlungen räumlicher Wirtschaftsstrukturen? Zu den markantesten Strukturen gehören zweifellos Agglomerationen, die nicht auf natürliche Ursachen zurückgeführt werden...
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Regional labor markets are characterized by huge disparities of unemployment rates. Models of the New Economic Geography explain how disparities of regional goods markets endogenously arise but usually assume full employment. This paper discusses regional unemployment disparities by introducing...
Persistent link: https://www.econbiz.de/10011548749