G2TT
来源类型Discussion paper
规范类型论文
来源IDDP12001
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
URLhttps://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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