| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6733 |
| DP6733 A User's Guide to Solving Dynamic Stochastic Games Using the Homotopy Method | |
| Ulrich Doraszelski; Yaroslav Kryukov; Ron N. Borkovsky | |
| 发表日期 | 2008-03-07 |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | Does productivity increase with density? We revisit the issue using French wage and TFP data. To deal with the ?endogenous quantity of labour? bias (i.e., urban agglomeration is consequence of high local productivity rather than a cause), we take an instrumental variable approach and introduce a new set of geological instruments in addition to standard historical instruments. To deal with the ?endogenous quality of labour? bias (i.e., cities attract skilled workers so that the effects of skills and urban agglomeration are confounded), we take a worker fixed-effect approach with wage data. We find modest evidence about the endogenous quantity of labour bias and both sets of instruments give a similar answer. We find that the endogenous quality of labour bias is quantitatively more important. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Agglomeration economies Instrumental variables Tfp Wages |
| URL | https://cepr.org/publications/dp6733 |
| 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/535571 |
| 推荐引用方式 GB/T 7714 | Ulrich Doraszelski,Yaroslav Kryukov,Ron N. Borkovsky. DP6733 A User's Guide to Solving Dynamic Stochastic Games Using the Homotopy Method. 2008. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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