Heterogeneous Firms, Agglomeration and Economic Geography PDF Download

Author: Richard E. Baldwin
Publisher:
ISBN:
Category : Business relocation
Languages : en
Pages : 44

View

Book Description
A Melitz-style model of monopolistic competition with heterogeneous firms is integrated into a simple New Economic Geography model to show that the standard assumption of identical firms is neither necessary nor innocuous. We show that re-locating to the big region is most attractive for the most productive firms; this implies interesting results for empirical work and policy analysis. A 'selection effect' means standard empirical measures overestimate agglomeration economies. A 'sorting effect' means that a regional policy induces the highest productivity firms to move to the core while the lowest productivity firms to move to the periphery. We also show that heterogeneity dampens the home market effect.

Author: Steven Brakman
Publisher: Cambridge University Press
ISBN: 1139478516
Category : Business & Economics
Languages : en
Pages : 569

View

Book Description
Geographical economics starts from the observation that economic activity is clearly not randomly distributed across space. This revised and updated introduction to geographical economics uses the modern tools of economic theory to explain the who, why and where of the location of economic activity. The text provides an integrated, first-principles introduction to geographical economics for advanced undergraduate students and first-year graduate students, and has been thoroughly revised and updated to reflect important developments in the field, including new chapters on alternative core models and policy implications. It presents a truly global analysis of issues in geographical economics using case studies from all over the world, including North America, Europe, Africa and Australasia, and contains many computer simulations and end-of chapter exercises to encourage learning and understanding through application.

Author: Gilles Duranton
Publisher: Elsevier
ISBN: 044459518X
Category : Business & Economics
Languages : en
Pages : 719

View

Book Description
Developments in methodologies, agglomeration, and a range of applied issues have characterized recent advances in regional and urban studies. Volume 5 concentrates on these developments while treating traditional subjects such as housing, the costs and benefits of cities, and policy issues beyond regional inequalities. Contributors make a habit of combining theory and empirics in each chapter, guiding research amid a trend in applied economics towards structural and quasi-experimental approaches. Clearly distinguished from the New Economic Geography covered by Volume 4, these articles feature an international approach that positions recent advances within the discipline of economics and society at large. Editors are recognized as leaders and can attract an international list of contributors Regional and urban studies interest economists in many subdisciplines, such as labor, development, and public economics Table of contents combines theoretical and applied subjects, ensuring broad appeal to readers

Author: Robert Huggins
Publisher: Edward Elgar Publishing
ISBN: 1783475013
Category : Business & Economics
Languages : en
Pages : 592

View

Book Description
The aim of this Handbook is to take stock of regional competitiveness and complementary concepts as a means of presenting a state-of-the-art discussion of the contemporary theories, perspectives and empirical explanations that help make sense of the determinants of uneven development across regions. Drawing on an international field of leading scholars, the book is assembled and organized so that readers can first learn about the theoretical underpinnings of regional competitiveness and development theory, before moving on to deeper discussions of key factors and principal elements, the emergence of allied concepts, empirical applications, and the policy context.

Author: Pasquale Commendatore
Publisher: Springer
ISBN: 3319656279
Category : Science
Languages : en
Pages : 227

View

Book Description
This book is open access under a CC BY-NC 4.0 license. This collected volume represents the final outcome of the COST Action IS1104 “The EU in the new complex geography of economic systems: models, tools and policy evaluation”. Visualizing the EU as a complex and multi-layered network, the book is organized in three parts, each of them dealing with a different level of analysis: At the macro-level, Part I considers the interactions within large economic systems (regions or countries) involving trade, workers migration, and other factor movements. At the meso-level, Part II discusses interactions within specific but wide-ranging markets, with a focus on financial markets and banking systems. Lastly, at the micro-level, Part III explores the decision-making of single firms, especially in the context of location decisions.

Author: Jian Wang
Publisher: Springer
ISBN: 9811074372
Category : Business & Economics
Languages : en
Pages : 105

View

Book Description
This book investigates the industrial agglomeration and dispersion within a country under trade liberalization and interregional integration by considering both economic forces and geographical elements. Chapter 1 gives a brief introduction about the background, research topics and organizations in this book. Chapter 2 provides a detailed explanation of Krugman’s new economic geography (NEG) model and reviews the subsequent refinements of the original model from mainly geographical viewpoints. Chapter 3 extends Krugman’s original model to a two-country and three-region case where the domestic regions are fully asymmetrical in terms of their sizes and accessibilities to global markets. To better explain the reality of developing countries, chapter 4 presents an analytical model which assumes that unskilled workers are employed in both traditional and manufacturing sectors. Chapter 5 empirically investigates the home market effect (HME) in terms of wages in the case of China by using panel data for the period 1980–2012. Chapter 6 gives a summary and implication about the findings and conclusions in this book.

Author: Steven Brakman
Publisher: Cambridge University Press
ISBN: 110841849X
Category : Business & Economics
Languages : en
Pages : 523

View

Book Description
This up-to-date third edition provides an accessible introduction to urban and geographical economics using real world examples and key models.

Author: Pierre-Philippe Combes
Publisher: Princeton University Press
ISBN: 0691139423
Category : Business & Economics
Languages : en
Pages : 424

View

Book Description
Complements theoretical analysis with detailed discussions of the empirics of the economics of agglomeration, offering a mix of theoretical and empirical research that gives a fresh perspective on spatial disparities. This book provides an introduction to economic geography and includes history and background of the field of spatial economics.

Author: Miroslav N. Jovanović
Publisher: Edward Elgar Publishing
ISBN: 1785368990
Category : Business & Economics
Languages : en
Pages : 831

View

Book Description
A crucial question in contemporary economics concerns where economic activities will locate and relocate themselves in the future. This comprehensive, innovative book applies an evolutionary framework to spatial economics, arguing against the prevailing neoclassical equilibrium model, providing important concrete and theoretical insights, and illuminating areas of future enquiry.

Author: André de Palma
Publisher: Edward Elgar Publishing
ISBN: 0857930877
Category : Transportation
Languages : en
Pages : 929

View

Book Description
'This Handbook is a stellar compilation of up-to-date knowledge about the important topics in transport economics. Authors include the very best in the field, and they cover the most important topics for today's research and policy applications. Individual chapters contain sound, readable, well referenced explanations of each topic's history and current status. I cannot think of a better place to start for anyone wanting to become current in the field or in any of its parts.' – Kenneth Small, University of California-Irvine, US Bringing together insights and perspectives from close to 70 of the world's leading experts in the field, this timely Handbook provides an up-to-date guide to the most recent and state-of-the-art advances in transport economics. The comprehensive coverage includes topics such as the relationship between transport and the spatial economy, recent advances in travel demand analysis, the external costs of transport, investment appraisal, pricing, equity issues, competition and regulation, the role of public–private partnerships and the development of policy in local bus services, rail, air and maritime transport. This Handbook is designed both for use on postgraduate and advanced undergraduate courses and as a reference for anyone working in the field. It also complements the textbook Principles of Transport Economics.