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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP12001 |
DP12001 Who gets the urban surplus? | |
Anthony Venables; Paul Collier | |
发表日期 | 2017-04-27 |
出版年 | 2017 |
语种 | 英语 |
摘要 | High productivity in cities creates an economic surplus relative to other areas. How is this divided between workers and land-owners? Simple models with homogenous labour suggest that it accrues largely – or entirely – in the form of land-rents. This paper shows that heterogeneity of labour in two main dimensions (productivity differentials and housing demands) radically changes this result. Even a modest amount of heterogeneity can drive the land share of surplus down to 2/3rds or lower, as high productivity and/or low housing demand individuals receive large utility gains. In a system of cities the sorting of workers across cities mean that the land-rent share of surplus is lowest in the largest and most productive cities. |
主题 | International Trade and Regional Economics |
关键词 | Land rent Cities Productivity Wages Sorting |
URL | https://cepr.org/publications/dp12001 |
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/540813 |
推荐引用方式 GB/T 7714 | Anthony Venables,Paul Collier. DP12001 Who gets the urban surplus?. 2017. |
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