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overlapping generation framework with heterogeneous individuals allows us to study the effects of ageing on agglomeration … processes by analytically identifying the level of trade costs that triggers catastrophic agglomeration. Interestingly, this … the symmetric equilibrium more stable and therefore counteracts agglomeration tendencies. In sharp contrast to other New …
Persistent link: https://www.econbiz.de/10003814740
overlapping generation framework with heterogeneous individuals allows us to study the effects of ageing on agglomeration … processes by analytically identifying the level of trade costs that triggers catastrophic agglomeration. Interestingly, this … the symmetric equilibrium more stable and therefore counteracts agglomeration tendencies. In sharp contrast to other New …
Persistent link: https://www.econbiz.de/10010352588
agglomeration processes. …
Persistent link: https://www.econbiz.de/10010352572
agglomeration processes. …
Persistent link: https://www.econbiz.de/10009624412
This article investigates agglomeration processes in ageing societies by introducing an overlapping generation … rates strengthens agglomeration processes, declining mortality rates weaken them. This is due to the fact that we allow for … distributional effects on agglomeration processes resulting from the turnover of generations. …
Persistent link: https://www.econbiz.de/10008809939
into a New Economic Geography model. Whether integration leads to agglomeration crucially hinges on the demographic … allows us to assess the possibility of agglomeration in various demographic scenarios. …
Persistent link: https://www.econbiz.de/10010608577
Models of the new economic geography share a number of common conclusions, but also exhibit notable differences, in particular with respect to the shape of the location pattern and the efficiency of the market equilibrium. This reflects the fact that these models rely heavily on specific...
Persistent link: https://www.econbiz.de/10010276249
openness, leads to sudden agglomeration, increasing inter-regional spillovers, i.e. promoting technological openness, favors a …
Persistent link: https://www.econbiz.de/10005518704
transportation costs, i.e. promoting market openness, leads to sudden agglomeration, increasing inter-regional spillovers, i …
Persistent link: https://www.econbiz.de/10010328418
This paper presents a survey of the so-called 'New Economic Geography' (NEG) approach to International Trade, giving particular emphasis to the impact of labour mobility on the spatial distribution of economic activities across integrated countries. The liberalisation of international trade...
Persistent link: https://www.econbiz.de/10011608775