G2TT
来源类型Discussion paper
规范类型论文
来源IDDP11977
DP11977 Early agglomeration or late agglomeration?: Two phases of development with spatial sorting
Rikard Forslid; Toshihiro Okubo
发表日期2017-04-21
出版年2017
语种英语
摘要This paper analyzes different development paths. Developing countries that limit the geographical movement of human capital (and firms) may end up in a different equilibrium path than countries that allow for geographical mobility. At early stages of development (when transportation costs are high), the model has an equilibrium where low-productivity firms concentrate in the large market with abundant human capital, whereas the most productive firms agglomerate to the smaller region with a relatively high endowment of labor. We relate this type of equilibrium to countries in an early stage of development, where industrial productivity in the periphery or small suburban cites can be higher than in the largest mega-cities. As economies develop and transportation costs fall, the model switches to an equilibrium where productive firms concentrate in the larger and human capital rich region. This corresponds to a modern equilibrium where highly productive firms concentrate in the largest and most human capital rich regions as is often seen in many developed countries.
主题International Trade and Regional Economics
关键词Agglomeration Heterogeneous firms Development
URLhttps://cepr.org/publications/dp11977
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/540789
推荐引用方式
GB/T 7714
Rikard Forslid,Toshihiro Okubo. DP11977 Early agglomeration or late agglomeration?: Two phases of development with spatial sorting. 2017.
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