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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP4220 |
DP4220 Improving the SGP Through a Proper Accounting of Public Investment | |
olivier blanchard; Francesco Giavazzi | |
发表日期 | 2004-02-23 |
出版年 | 2004 |
语种 | 英语 |
摘要 | This Paper estimates the agglomeration benefits that arise from vertical linkages between firms. The analysis is based on international trade and economic geography theory developed by Krugman and Venables (1995). We identify the agglomeration benefits of the spatial variation in firm level nominal wages. Unusually detailed intermediate input data allow us to capture more accurately spatial input/output linkages than in previous studies. We take account of the location of input suppliers to estimate cost linkages; and the location of demand from final consumers and other firms to estimate demand linkages. The results show that the externalities that arise from demand and cost linkages are quantitatively important and highly localized. An understanding of the extent and strength of spatial linkages is crucial in shaping policies that seek to influence regional development. |
主题 | International Trade and Regional Economics |
关键词 | Agglomeration Vertical linkages Economic geography |
URL | https://cepr.org/publications/dp4220 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533189 |
推荐引用方式 GB/T 7714 | olivier blanchard,Francesco Giavazzi. DP4220 Improving the SGP Through a Proper Accounting of Public Investment. 2004. |
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