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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP10886 |
DP10886 Trade and Towns: Heterogeneous Adjustment to a Border Shock | |
Marius Brülhart; Frédéric Robert-Nicoud; Céline Carrère | |
发表日期 | 2015-10-18 |
出版年 | 2015 |
语种 | 英语 |
摘要 | We study the effects of changes in trade openness on wages and employment of different-sized towns. To this end, we develop a multi-region model of intra-national adjustment to trade shocks. In equilibrium, small towns have more elastic labor-force responses than large towns. We test this prediction using fine-grained regional data for Austria and the fall of the Iron Curtain as a quasi-experimental setting for the exploration of trade-induced spatial effects. We find improved access to foreign markets to boost both employment and nominal wages, but large towns tend to have larger wage responses and smaller employment responses than small towns. The welfare gains of immobile factors are estimated to be 40% higher in border towns compared to interior towns. |
主题 | International Trade and Regional Economics |
关键词 | City size Natural experiment Spatial adjustment Trade liberalization |
URL | https://cepr.org/publications/dp10886 |
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/539716 |
推荐引用方式 GB/T 7714 | Marius Brülhart,Frédéric Robert-Nicoud,Céline Carrère. DP10886 Trade and Towns: Heterogeneous Adjustment to a Border Shock. 2015. |
条目包含的文件 | 条目无相关文件。 |
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