On the Contribution of Agglomeration Economies to the Spatial Concentration of U.S. Employment

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On the Contribution of Agglomeration Economies to the Spatial Concentration of U.s. Employment

Why does the level of economic activity vary so much across space? One reason given is “agglomeration economies,” meaning that a firm’s or household’s production costs (of market and home goods, respectively) are lower when production is carried out in close proximity to other firms and households. In this paper I explore, via a quantitative spatial macroeconomic model, the contribution of aggl...

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ژورنال

عنوان ژورنال: SSRN Electronic Journal

سال: 2003

ISSN: 1556-5068

DOI: 10.2139/ssrn.574621