Second-Best Cost-Benefit Analysis in Monopolistic Competition Models of Urban Agglomeration [PDF]
経済学 / EconomicsMany sources of urban agglomeration involve departures from the first-best world. By modeling the microstructure of agglomeration economies, we derive second-best benefit evaluation formulae for urban transportation improvements. Previous
KANEMOTO Yoshitsugu +1 more
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Agglomeration effects: dynamics of theoretical approaches and challenges for regional development
Background. Agglomerations play a key role in shaping the competitiveness of regions, contributing to the concentration of resources, innovation and human capital.
M.V. Makrishina, L.A. Gamidullaeva
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"Assessing agglomeration economies in a spatial framework with endogenous regressors" [PDF]
This paper is concerned with the influence of agglomeration economies on economic outcomes across British regions. The concentration of economic activity in one place can foster economic performance due to the reduction in transportation costs, the ready
Ernest Miguélez +2 more
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Does the regulation of manure land application work against agglomeration economies? Theory and evidence from the French hog sector [PDF]
The well-known increase in the geographical concentration of hog production suggests the presence of agglomeration economies related to spatial spillovers and inter-dependencies among industries. In this paper, we examine whether the restrictions on land
Bertrand Schmitt +3 more
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When are localization and urbanization economies important? [PDF]
The objective of this paper is to analyze the influence of industry characteristics on the localization and urbanization agglomeration patterns of new firm location.
Jofre-Monseny, Jordi +2 more
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Agglomeration, accessibility and industrial location: evidence from spanish municipalities [PDF]
This paper deals with the location decisions of manufacturing firms in Spain. We analyse how agglomeration economies and transport accessibility influence the location decisions of firms at municipality level and in three industries.
Josep-Maria Arauzo-Carod +1 more
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Agglomeration Economies and Local Comovement of Stock Returns [PDF]
Existing studies in finance have documented the comovement of stock returns of companies headquartered in the same location. The interpretation is that local investors have a “local bias” due to an information advantage on local companies.
Fu, Shihe, Shan, Liwei
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On the Ubiquitous Nature of the Agglomeration Economies and their Diverse Determinants: Some Notes. [PDF]
This highly preliminary work attempts to study the multiple drivers of agglomeration phenomena in contemporary economies. First, we propose a tentative taxonomy of agglomeration drivers in which the conditions of knowledge accumulation play a paramount ...
Giorgio Fagiolo +2 more
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Division of labor and agglomeration economies
We were able to conclude that geographical concentration (the smithian «extent of the market») limits both the degree of specialization of productive tasks and the degree of autonomous firm formation by vertical disintegration. On the other hand, the institutional framework of production matters: the less capital (human and physical) is saved by the ...
openaire +1 more source
City Size and Financial Development [PDF]
Stock markets tend to be few in each country, often unique, and located in the largest cities. Typically, much of the economic activity relating to the stock market takes places in this large city.
Becker, Bo
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