| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4537 |
| DP4537 What Does A Technology Shock Do? A VAR Analysis with Model-based Sign Restrictions | |
| Luca Dedola; Stefano Neri | |
| 发表日期 | 2004-09-23 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | The striking geographical concentration of economic activities suggests that there are substantial benefits to agglomeration. The nature of those benefits remains unclear, however. In this Paper we take advantage of a new dataset to quantify the role of one of the main contenders: the matching of workers and jobs. Using individual level data for two large US states we show that thicker urban labour markets are associated with more assortative matching between workers and firms. Another critical condition is required for this to generate higher productivity: complementarity of worker and firm quality in the production function. Using establishment level productivity regressions, we show that such complementarity is found in our data. Putting together the production and matching relationships, we show that production complementarity and assortative matching is an important source of the urban productivity premium. |
| 主题 | Labour Economics |
| 关键词 | Urban productivity Matching Agglomeration |
| URL | https://cepr.org/publications/dp4537 |
| 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/533507 |
| 推荐引用方式 GB/T 7714 | Luca Dedola,Stefano Neri. DP4537 What Does A Technology Shock Do? A VAR Analysis with Model-based Sign Restrictions. 2004. |
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