G2TT
来源类型Discussion paper
规范类型论文
来源IDDP10886
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
URLhttps://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.
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