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On the Contribution of Agglomeration Economies to Spatial Concentration of US Employment Author info | Abstract | Publisher info | Download info | Related research | Statistics Satyajit Chatterjee
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In this paper I explore,via a quantitative spatial macroeconomic model, the contribution of agglomeration economies to the observed spatial concentration of US employment. The approach is analogous to "growth accounting." The results of the "spatial accounting" depend on the details of the model used. The critical detail pertains to how the model rationalizes the stability of low-density localities. If it is rationalized via an appeal to restrictions on labor mobility, the accounting implies that the bulk of spatial concentration results from an unequal distribution of natural advantages. In contrast, if it is rationalized via an agglomeration threshold (an employment level below which local increasing returns do not operate),the accounting implies that the bulk of the spatial concentration results from increasing returns
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Paper provided by Econometric Society in its series Econometric Society 2004 North American Summer Meetings with number
164.
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Date of creation: 11 Aug 2004Date of revision:
Handle: RePEc:ecm:nasm04:164Contact details of provider: Phone: 1 212 998 3820 Fax: 1 212 995 4487 Email: Web page: http://www.econometricsociety.org/pastmeetings.asp More information through EDIRC
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Keywords: Agglomeration Economies ; Natural Advantage ; Density ; Congestion ; Find related papers by JEL classification: R12 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography) R13 - Urban, Rural, and Regional Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Ciccone, Antonio & Hall, Robert E, 1996.
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