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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP12150 |
DP12150 Consumer Mobility and the Local Structure of Consumption Industries | |
Ferdinando Monte; J Bradford Jensen; Sumit Agarwal | |
发表日期 | 2017-07-16 |
出版年 | 2017 |
语种 | 英语 |
摘要 | We study local employment, establishment density, and establishment size across industries delivering final consumption, which comprise a substantial fraction of production, shape local amenities, and pay different wages. In a stylized model of consumer mobility, lower industry storability/durability concentrates demand in space, increasing equilibrium employment. Credit card transactions data show that consumer mobility is limited and varies substantially across sectors; moreover, expenditure declines more rapidly with distance in sectors transacted more frequently. Lower storability/durability, proxied by average transaction frequency, increases a sector's local employment via higher establishment density. Variation in consumer mobility is as economically significant as consumers' expenditure shares. |
主题 | International Trade and Regional Economics |
URL | https://cepr.org/publications/dp12150-1 |
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/540961 |
推荐引用方式 GB/T 7714 | Ferdinando Monte,J Bradford Jensen,Sumit Agarwal. DP12150 Consumer Mobility and the Local Structure of Consumption Industries. 2017. |
条目包含的文件 | 条目无相关文件。 |
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