| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP10933 |
| DP10933 Commuting, Migration and Local Employment Elasticities | |
| Stephen Redding; Esteban Rossi-Hansberg; Ferdinando Monte | |
| 发表日期 | 2015-11-15 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | Many changes in the economic environment are local, including policy changes and infrastructure investments. The effect of these changes depends crucially on the ability of factors to move in response. Therefore a key object of interest for policy evaluation and design is the elasticity of local employment to these changes in the economic environment. We develop a quantitative general equilibrium model that incorporates spatial linkages between locations in goods markets (trade) and factor markets (commuting and migration). We find substantial heterogeneity across locations in local employment elasticities. We show that this heterogeneity can be well explained with theoretically motivated measures of commuting flows. Without taking into account this dependence, estimates of the local employment elasticity for one location are not generalizable to other locations. We also find that commuting flows and their importance cannot be accounted for with standard measures of size or wages at the county or commuting zone levels. |
| 主题 | International Trade and Regional Economics ; Labour Economics |
| 关键词 | Local impact Mobility Productivity shocks Ricardian models Trade |
| URL | https://cepr.org/publications/dp10933 |
| 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/539763 |
| 推荐引用方式 GB/T 7714 | Stephen Redding,Esteban Rossi-Hansberg,Ferdinando Monte. DP10933 Commuting, Migration and Local Employment Elasticities. 2015. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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